327 Mt Alexander RoadAscot Vale VIC 3032
Property Details for 327 Mt Alexander Rd, Ascot Vale
Last Listing description (July 2021)
JLL Retail Investments and Stonebridge Property Group are pleased to offer for sale Woolworths Ascot Vale. A brand new Woolworths supermarket, supported by 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, Woolworths Ascot Vale is positioned less than 5km from the Melbourne CBD.
Woolworths Ascot Vale is for sale by Expressions of Interest closing 4.00pm (AEST) Thursday 10th June 2021
Investment Highlights
12-year lease to Woolworths Group Ltd commenced November 2020
Brand New 1,894sqm Woolworths Metro Supermarket
Supported by 3 lifestyle tenants
High profile corner location, with 88.20m 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
Woolworths Ascot Vale is for sale by Expressions of Interest closing 4.00pm (AEST) Thursday 3rd June 2021
Property History for 327 Mt Alexander Rd, Ascot Vale, VIC 3032
- 26 Jun 2021Sold for $1,493,435
- 05 May 2021Listed for Sale Please Contact Agents
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0About Ascot Vale 3032
The size of Ascot Vale is approximately 3.8 square kilometres. It has 16 parks covering nearly 20.3% of total area. The population of Ascot Vale in 2016 was 14750 people. By 2021 the population was 15197 showing a population growth of 3.0% in the area during that time. The predominant age group in Ascot Vale is 30-39 years. Households in Ascot Vale are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ascot Vale work in a professional occupation.In 2021, 59.80% of the homes in Ascot Vale were owner-occupied compared with 55.50% in 2016.
Ascot Vale has 8,442 properties. Over the last 5 years, Houses in Ascot Vale have seen a 10.85% increase in median value, while Units have seen a 7.16% increase. As at 31 January 2026:
- The median value for Houses in Ascot Vale is $1,438,537 while the median value for Units is $646,752.
- Houses have a median rent of $695 while Units have a median rent of $520.
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