Stonebridge Property Group, in conjunction with JLL, are pleased to offer for sale Woolworths Ascot Vale. A brand new Woolworths supermarket, supported by three (3) lifestyle tenants on the doorstep of the Melbourne CBD.
Woolworths Ascot Vale is a newly constructed Woolworths Metro supermarket supported by three (3) specialty stores. The supermarket is located on the ground floor of PACE of Ascot Vale, a high-end mixed-use development including 75 apartment and 4 townhouses.
Situated on the prominent corner of Mt Alexander Road and North Street, the property is positioned less than 5km from the Melbourne CBD.
Key highlights of the property include:
- 12-year lease to Woolworths Group Ltd commenced November 2020
- Brand new 1,894sqm* Woolworths Metro supermarket
- Supported by three (3) lifestyle tenants
- High profile corner location with 88.2m* frontage to Mt Alexander Road
- Affluent inner-city location, less than 5km from Melbourne CBD
- Convenient basement car parking for 76 cars* (on-title) with ample public car parking options in immediate vicinity
- Newly constructed, providing significant depreciation benefits
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.