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Stonebridge Property Group - Melbourne

Woolworths Ascot Vale, 327 Mt Alexander Road Ascot Vale, VIC 3032

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Woolworths Ascot Vale, 327 Mt Alexander Road,
Ascot Vale, VIC 3032

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Stonebridge Property Group - Melbourne
Justin Dowers
Rorey James

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
Woolworths Ascot Vale, 327 Mt Alexander Road
Ascot Vale, VIC 3032

Map of Woolworths Ascot Vale, 327 Mt Alexander Road

Directions

Brand New Woolworths Supermarket

  • Leased to Woolworths Group Ltd till 2032
  • Brand new 1,894sqm Woolworths Metro
  • Complemented by 3 Specialty Tenants
JLL Retail Investments and Stonebridge Property Group are pleased to offer for sale Woolworths Ascot Vale. A brand new Woolworths supermarket, supported by 3 lifestyle tenants on the doorstep of the Melbourne CBD. 

Woolworths Ascot Vale is a newly constructed Woolworths Metro Supermarket supported by three (3) specialty stores. The supermarket is located on the ground floor of PACE of Ascot Vale, a high-end mixed-use development including 75 apartment and 4 townhouses.

Situated on the prominent corner of Mt Alexander Road and North Street, Woolworths Ascot Vale is positioned less than 5km from the Melbourne CBD.

Woolworths Ascot Vale is for sale by Expressions of Interest closing 4.00pm (AEST) Thursday 10th June 2021

Investment Highlights

• 12-year lease to Woolworths Group Ltd commenced November 2020

• Brand New 1,894sqm Woolworths Metro Supermarket

• Supported by 3 lifestyle tenants

• High profile corner location, with 88.20m frontage to Mt Alexander Road

• Affluent inner-city location, less than 5km from Melbourne CBD

• Convenient basement car parking for 76 cars (on title) with ample public car parking options in immediate vicinity

• Newly constructed, providing significant depreciation benefits
Woolworths Ascot Vale is for sale by Expressions of Interest closing 4.00pm (AEST) Thursday 3rd June 2021

Ascot Vale, 3032 demographic data

The median household income for Ascot Vale is $2,192, 15% higher than Greater Melbourne's household income of $1,901. Ascot Vale has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 54% of property owners in Ascot Vale have a mortgage.

15,197
Population
$2,192 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households

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