436-442 Mt Alexander RoadAscot Vale VIC 3032
Property Details for 436-442 Mt Alexander Rd, Ascot Vale
Last Listing description (July 2021)
Stonebridge Property Group is pleased to present for sale 436 Mt Alexander Road, Ascot Vale.
- Leased to Be Well Allied Health on a vendor favoured 10-year net lease with fixed 2.5% annual rental increases
- Be Well Allied Health enjoys multiple revenue streams with Physiotherapy, Pilates & Musculoskeletal Therapy services all available
- Brand new 279sqm* space (+3 car parks) providing substantial depreciation tax benefits that will improve overall returns
- Excellent lease security is provided through a personal guarantee and 6 month bank guarantee
- Opposite Dan Murphy's, major car park and nearby the brand-new Woolworths supermarket, providing convenience and high levels of passing traffic
- Strategically located along the 59 Tram Route, with the closest stop just 70m* from the front door, just 5km* from the Melbourne CBD
*Approximately
436 Mt Alexander Road, Ascot Vale is for sale via Public Onsite Auction Wednesday 30th June 2021 at 2:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.
Nic Hage
0448 782 594
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Property Code: 264
Property History for 436-442 Mt Alexander Rd, Ascot Vale, VIC 3032
- 30 Jun 2021Sold for $2,525,000
- 28 May 2021Listed for Sale Contact Agent
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0About Ascot Vale 3032
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 8,374 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:
- The median value for Houses in Ascot Vale is $1,380,682 while the median value for Units is $614,884.
- Houses have a median rent of $750 while Units have a median rent of $535.
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