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164 Union Road Ascot Vale, VIC 3032

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164 Union Road,
Ascot Vale, VIC 3032

Shops & Retail

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Map of 164 Union Road

Directions
  • Train stations within 5 km of 164 Union Road, Ascot Vale, VIC 3032Distance
    Ascot Vale Station534 m
    Moonee Ponds Station1.1 km
    Flemington Racecourse Station1.4 km
    Newmarket Station1.8 km
    Essendon Station2.1 km
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  • Tram stops within 5 km of 164 Union Road, Ascot Vale, VIC 3032Distance
    35-Bloomfield Rd/Union Rd (Ascot Vale)123 m
    35-Munro St/Union Rd (Ascot Vale)127 m
    36-St Leonards Rd/Union Rd (Ascot Vale)134 m
    37-Maribyrnong Rd/Union Rd (Ascot Vale)318 m
    37-Union Rd/Maribyrnong Rd (Moonee Ponds)345 m
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  • Bus stops within 5 km of 164 Union Road, Ascot Vale, VIC 3032Distance
    Union Rd/Mirams St (Ascot Vale)223 m
    Union Rd/Francis St (Ascot Vale)256 m
    74 Francis St297 m
    67 Francis St331 m
    Roxburgh St/Rothwell St (Ascot Vale)351 m
    POWERED BY HERE ©
POWERED BY HERE ©

A Perfect Union with Potential Upside

  • In a prime position within Ascot Vale
  • Excellent rental growth potential
  • Significant future development potential
CRS Property is pleased to offer this property for Sale.

An opportunity to acquire premier freehold in the heart of bustling Union Road, shopping Village.

In a prime position within Ascot Vale's tightly held vibrant retail strip with favorable zoning providing strong future value add potential (STCA).

The property comprises:
- Land Area: 186sqm approx.
- Single storey building of 120sqm approx.
- Rear access plus onsite parking
- Zoned Commercial 1
- 5km northwest of the Melbourne CBD
- Leased to popular wine bar - Jimmys Tap & Barrel
- Lease Term: Month to Month
- Current income: $39,500 pa plus GST.
- Outgoings: All payable by tenant (except Land Tax)
- Excellent rental growth potential.
- Rare opportunity to invest, owner occupy and develop in the heartland of Union Road
- Significant future development potential (STCA)
- Only meters away from Woolworths Metro Supermarket.
- Close to all modes of public transport including trams, buses, and Ascot Vale train station.
- Ascot Vale boats a medium house price of $1,390,000
- Surrounded by popular established businesses servicing a large local residential catchment area.

For more information please contact
Lou Montalti on 0488 553 4...

Property ID: 504259528Last Updated: 11 Nov 2024

0488 553 4...
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164 Union Road
Ascot Vale, VIC 3032
CRS Property - Melbourne
Level 4, 256 Queen Street
MELBOURNE, VIC 3000

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