403-405 Mt Alexander Rd, Ascot Vale is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1883. The property has a land size of 361m2 and floor size of 285m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
This stunning Italian Gothic revival heritage home, built in 1884 and designed by renowned architects Terry and Oakden, presents an extraordinary opportunity for those seeking a unique residence with exceptional historical charm. Positioned on a prominent corner with striking polychrome cream brick and limestone arched windows, the property has undergone careful restoration while preserving its original grandeur.
The grand formal lounge and dining rooms feature soaring ceilings, ornate plasterwork, and magnificent bay windows that flood the space with natural light. Original marble open fireplaces with intricate mantels add a timeless elegance, complemented by decorative cornices, ceiling roses, friezes and heritage detailing throughout the home. The flexible layout allows for multiple living, meeting, or entertaining zones, with the secondary dining or sitting room connected by an arched heritage opening, ideal for formal gatherings or professional use.
The kitchen, positioned to service both residential and commercial use, features durable stone benchtops, a freestanding Falcon oven and gas cooktop, a Belfast ceramic sink, and tiled splashback. Striking timber cabinetry provides ample storage, and the space enjoys plenty of natural light. The kitchens practical layout ensures easy workflow.
Accommodation includes multiple large rooms, all featuring high ceilings and large windows that enhance airflow and light. The master offers space and flexibility for a variety of uses, while the second bedroom is equally generous. Both rooms are ideal for bedrooms, offices, or consulting suites. The period-style bathroom is beautifully appointed with a clawfoot bath, heritage tiling, brass fixtures, and a traditional vanity.
Other standout features include a grand foyer with a Mahogany reception desk and secure vault, period timber detailing, built-in cabinetry, and a statement grand staircase. The home also offers multiple private rooms that can be used as treatment rooms, boardrooms, or bedrooms, with hydronic heating ensuring comfort throughout. An alarm system adds additional security, while rear access via Bank Street provides entry to two remote garages, plus off-street parking for up to four vehicles.
The propertys location is equally impressive, positioned within walking distance of Union Road shopping village and with easy access to the vibrant retail and dining strip along Mt Alexander Road. Highpoint Shopping Centre is just moments away, and Ascot Vale Train Station provides convenient access to the CBD via the Craigieburn Line. Public transport options, including trams and buses, offer excellent connectivity.
This exceptional property is zoned for Ascot Vale Primary School and Mount Alexander 7-12 College, with nearby private schools such as St Marys Primary and St Columbas College. The University of Melbourne, RMIT University, and Victoria University are all easily accessible, offering prime educational opportunities.
Outdoor spaces are equally accessible, with the Maribyrnong River trails and Fairbairn Park just moments away, providing ample space for walking, cycling, and outdoor activities. The Walter Street Reserve and Riverside Golf course add to the areas leisure offerings, while the iconic Flemington Racecourse parklands are within easy reach.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
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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