A substantial dual title corner allotment totalling circa 1,600 sqm* is to be offered to the market in the fastest growing inner northern precinct – Ascot Vale.
The property was the former headquarters of George’s hay store which was one of the earliest stores in the Maribyrnong municipality opening in the 1860’s and nearly two decades prior to any other retail strips were established.
More recently given the exposure of the assets, the properties have housed national tenants most notably, automotive superstore Autobarn.
The site has over 100 metres of prime Mount Alexander Road frontage with 22,000* passing vehicles daily, existing drive-through, excellent existing improvements, rear private access and parking with clear development upside.
The property is being marketing for sale by Stonebridge Property Groups Max Warren, Dylan Kilner, Julian White & Chao Zhang.
“Ascot Vale has seen one of the fastest gentrifications of any suburb across Melbourne. Over the past 5 years, we have seen the lifestyles of the precinct flip from older establish families and elderly to now over 20% of the local population classified as young professionals or young families. We see this largely due to the immediate proximity to the Melbourne CBD, the introduction of the Woolworths Metro & BSW and increase of well-designed mixed-use developments fortifying the precincts continued growth.” – Max Warren, Stonebridge Manager.
363-383 Mount Alexander Road is offered individually or all in one line and for sale via Expressions of Interest campaign closing Thursday 18th November 2021 at 2:00 pm.
For further information please contact:
Max Warren | +61 488 296 892 | MWarren@stonebridge.com.au
Dylan Kilner | +61 459 396 341 | DKilner@stonebridge.com.au
Julian White | +61 422 764 137 | JWhite@stonebridge.com.au
Chao Zhang | +61 411 625 068 | CZhang@stonebridge.com.au