67 & 69-73 Epsom Road,
Ascot Vale, VIC 3032

Development Sites & Land • Medical & Consulting

Price information

Sale

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Significant Residential Redevelopment Opportunity

Substantial landholding of 3,110sqm*
Former aged care facility
Primed for redevelopment

For Private Sale

Savills Commercial is delighted to offer for sale this development site with income located at 67 & 69–73 Epsom Road, Ascot Vale.

The property represents a versatile opportunity for owner occupiers, investors and developers to secure two allotments including a former aged care facility in Melbourne’s inner northern suburb of Ascot Vale.

Key attributes of the property include:
• Combined landholding of 3,110sqm* with rear laneway
• Former aged care facility comprising of 27 rooms and separate houses
• Strong residential holding income of $231,140 p.a. (October 2024)
• Ideally suited to residential, childcare and medical redevelopment (STCA)
• Current improvements provide for aged care, NDIS, disability and specialised housing (STCA)
• Outstanding location in the heart of Ascot Vale close to retail and recreational facilities
• Walking distance to Ascot Vale Train Station and bus network

*Approximate

For further information please contact:

Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...
James Latos - 0422 604 9...

Property ID: 504700240Last Updated: 2 Dec 2024