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*
Key property attributes:
- Existing 1,104 sqm* gross building area with high quality retail showroom adjoining
- 57 m* direct frontage to Mount Alexander Road (22,000* daily passing vehicles), plus 48 m* to Moonee Street
- Prime total corner landholding of 1,237 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
*Approximately
To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.
Max Warren
0488 296 892
Dylan Kilner
0459 396 341
Julian White
0422 764 137
Chao Zhang
0411 625 068
Property Code: 325
The size of Ascot Vale is approximately 3.8 square kilometres. There are 16 parks, covering nearly 20.3% of the 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 8,376 properties. Over the last 5 years, Houses in Ascot Vale have seen a 0.65% increase in median value, while Units have seen a 0.86% increase. As at 31 May 2026:
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