233-233A Union Road,
Ascot Vale, VIC 3032
Shops & Retail • Offices • Medical & Consulting
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Sold on
Victorian Real Estate
139/545 Little Collins StreetMELBOURNE, VIC 3000
04190158...
233-233A Union Road
Ascot Vale, VIC 3032
Map of 233-233A Union Road
Outstanding Investment Opportunity In Highly-Rated Location
- Fittings from restaurant included
- $165,000 spent on hair salon fit-out
- New roof installed
Delivering convenience, amenity and lifestyle choice in abundance, Ascot Vale is a vibrant suburb located only six kilometres from Melbourne’s CBD.
Showcasing a unique investment or future development opportunity (STCA) with outstanding potential, downstairs offers retail premises tenanted to a successful hair salon, with upstairs offering either spacious office or residential space with its own front and rear access in a highly sought-after location.
Well positioned within long established retail precinct, and within rapidly developing inner city location, with a generous rental income currently returning $97,913.08 plus GST & outgoings on the commercial dwelling.
Complemented by Union Road’s boutique retail shopping strip which include Woolworth's Baker's Delight, plethora of cafes, transport links, schools, the Royal Melbourne Showgrounds, Flemington and Moonee Valley Racecourses, parklands and the Maribyrnong River, this inner-city hot spot sets the standard in urban living.
Making a bold statement, this exceptional property brings together the flexibility of commercial, retail and residential possibilities in a highly prized location.
233 Union Road, Ascot Vale -
- Retail shop front operating as a hair salon
- Stylish décor, alarm, security camera
- Expansive basin room
- Kitchenette, laundry & storage room
- Secure 2-car remote garage
- Ample storage area
- Lease terms 5x5x5x5 years
- Yearly 3% CPI Increase
- Current rental income of $53,294.56 plus GST/Outgoings.
233A Union Road, Ascot Vale -
- Total of five offices/bedrooms with its own entrance on Union Road & rear access
- Two well-appointed compact kitchen
- Two bathrooms & toilets
- NBN connection, alarm, intercom
- Heating/cooling throughout
- Public car-parking at rear
- Rental income of $44,618.52
SOLD.
For further information, please contact Colin Rounds on 0419 015 8....
Showcasing a unique investment or future development opportunity (STCA) with outstanding potential, downstairs offers retail premises tenanted to a successful hair salon, with upstairs offering either spacious office or residential space with its own front and rear access in a highly sought-after location.
Well positioned within long established retail precinct, and within rapidly developing inner city location, with a generous rental income currently returning $97,913.08 plus GST & outgoings on the commercial dwelling.
Complemented by Union Road’s boutique retail shopping strip which include Woolworth's Baker's Delight, plethora of cafes, transport links, schools, the Royal Melbourne Showgrounds, Flemington and Moonee Valley Racecourses, parklands and the Maribyrnong River, this inner-city hot spot sets the standard in urban living.
Making a bold statement, this exceptional property brings together the flexibility of commercial, retail and residential possibilities in a highly prized location.
233 Union Road, Ascot Vale -
- Retail shop front operating as a hair salon
- Stylish décor, alarm, security camera
- Expansive basin room
- Kitchenette, laundry & storage room
- Secure 2-car remote garage
- Ample storage area
- Lease terms 5x5x5x5 years
- Yearly 3% CPI Increase
- Current rental income of $53,294.56 plus GST/Outgoings.
233A Union Road, Ascot Vale -
- Total of five offices/bedrooms with its own entrance on Union Road & rear access
- Two well-appointed compact kitchen
- Two bathrooms & toilets
- NBN connection, alarm, intercom
- Heating/cooling throughout
- Public car-parking at rear
- Rental income of $44,618.52
SOLD.
For further information, please contact Colin Rounds on 0419 015 8....
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
Victorian Real Estate139/545 Little Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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