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Corner Landholding with Significant Improvements & Development Potential
363-383 Mount Alexander Road, Ascot Vale VIC

Stonebridge Property Group is delighted to present for sale, 363-383 Mount Alexander Road, Ascot Vale, a high profile dual title corner landholding with significant existing improvements. The two titles are ideally offered individually or together all in-one-line.

Property Summary:

363-379 Mount Alexander Road, Ascot Vale
Building Area: 1,104 sqm*
Land: 1,237 sqm*

381-383 Mount Alexander Road, Ascot Vale
Building Area: 367 sqm*
Land: 420 sqm*

Total Building Area: 1,471 sqm*
Total Land Area: 1,657 sqm*

Key property attributes:

  • Existing 1,104 sqm* gross building area with high quality retail showroom adjoining a 367 sqm* warehouse
  • 57 m* direct frontage to Mount Alexander Road (22,000* daily passing vehicles), plus 48 m* to Moonee Street
  • Prime total corner landholding of 1,657 sqm* within thriving Ascot Vale pocket that has seen multiple recent apartment developments of 4-5 levels within 200 m*
  • Favourable Commercial 1 Zoning providing excellent development potential between 3-5 levels based on recent planning advice (STCA)
  • Exceptional city fringe location, only 50 m* to the new Woolworths Metro Ascot Vale, 145 m* to Dan Murphy’s and 4 km* to the Melbourne CBD
  • Offered with vacant possession – lease, occupier, reposition or redevelop
  • The corner exposure and access provide for the ability to lease to multiple tenants
  • Offered individually or in-one-line

*Approximately

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

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