532 Mt Alexander RoadAscot Vale VIC 3032
Property Details for 532 Mt Alexander Rd, Ascot Vale
Last Listing description (January 2025)
Mixed Use Opportunity in a Prime Position
Inspection by appointment only!
Ray White Ascot Vale are pleased to offer 532 Mt Alexander Road, Ascot Vale for sale by way of Expressions of Interest closing 28th February 2024 at 3pm.
Offering both commercial and residential zoning in a prominent Ascot Vale position, this rare mixed use opportunity is one with the position and potential to prosper.
Boasting two intricate and detailed levels the choice here is yours, move your business in and operate with street frontage directly onto Mt Alexander Rd or configure this existing office space to suit your family's residential requirements.
The current contemporary layout features a generous reception area, front office/living space, a separate office/bedroom option, a conference/family room and a bright kitchen with upright electric cooking and plenty of built-in storage.
A large storage room provides further convenience here before you head upstairs to a cleverly configured office or accommodation level that also incorporates additional living/meeting area options, plus air-conditioning and a bright bathroom with toilet, shower and bath.
Two car spaces further contribute to a true unicorn real estate asset that simply must be inspected.
Key Property Features;
- Land area: 207 sqm*
- Building area: 203 sqm*
- 6.7m* frontage to Mt Alexander Road
- Rear access via ROW
- Estimated market rent up to $70,000 per annum plus outgoings and GST
- Offered with vacant possession, suitable for occupation, investment or development
Part of a magnificent Mt Alexander Rd retail precinct on the doorstep of local trams, close to Ascot Vale Station, Moonee Ponds Shopping Centre and the eclectic array of retail, bars and restaurants along popular Puckle St, with easy access to Ormond Rd, Ascot Vale Rd, Maribyrnong Rd, CityLink and the Melbourne CBD.
Property History for 532 Mt Alexander Rd, Ascot Vale, VIC 3032
- 28 Jan 2025Listed for Sale EOI- $1,400,000 to $1,500,000
- 29 May 2023Listed for Rent $10,000 per annum
- 05 Jun 2013Listed for Rent - Price not available
Recent sales nearby
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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 8,441 properties. Over the last 5 years, Houses in Ascot Vale have seen a 9.70% increase in median value, while Units have seen a 3.05% increase. As at 31 December 2025:
- The median value for Houses in Ascot Vale is $1,434,418 while the median value for Units is $650,399.
- Houses have a median rent of $700 while Units have a median rent of $520.
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