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Savills - Melbourne

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

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

Development Sites & Land • Medical & Consulting
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Sale - Expression of Interest

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Savills - Melbourne
Julian Heatherich
James Latos
Benson Zhou

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
67 & 69-73 Epsom Road
Ascot Vale, VIC 3032

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Significant Residential Redevelopment Opportunity

  • Substantial landholding of 3,110sqm*
  • Former aged care facility
  • Primed for redevelopment
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.
• Ideally suited to residential, childcare and medical redevelopment
• Current improvements provide for aged care, NDIS, disability and specialised housing
• 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 Sale by Expressions of Interest closing Wednesday 30 October at 2pm.

For further information please contact:

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

Property ID: 504700240Last Updated: 30 Sep 2024

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