562 Mt Alexander Road, Ascot Vale, VIC 3032 | Property Value & History | OnTheHouse
 
OFF MARKET

562 Mt Alexander Road
Ascot Vale VIC 3032

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 213m2
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Property Details for 562 Mt Alexander Rd, Ascot Vale

Building Type
Commercial
Land Size
213m2
Local Government
Moonee Valley
Lot/Plan
2/SP24891

Last Listing description (February 2014)

PETE???S CHARCOAL STOP - ASCOT VALE
562 Mt Alexander Rd Ascot Vale
Pete???s Charcoal Stop is a family run operation specialising in mouthwatering charcoal chicken meals complemented by delicious souvlakis. Perched high on Whiskey Hill???s edge, this joint is built on great food and great service, making it arguably one of the best charcoal joints in the area. Many customers travel far and wide from surrounding suburbs to dig into tantalising charcoal meats, fresh salad s, homemade desserts and refreshing drinks. This joint is a charcoal haven for lovers of really good chicken and souvlaki meals at affordable prices. This business has continued to improve over the years and its enviable reputation smashes the competition. Come and check it out TODAY!

BUSINESS HIGHLIGHTS:
Taking $10,000 - $12,000 a week
Net profit of $3,500+
Family owned & operated business
Located in a very high profile area on Mt Alexander road
Situated in between 7Eleven & Chemist Warehouse ??? huge foot traffic area
BUSINESS STRENGTHS:
Seats 23 inside
Open 6 days (closed on Sundays)
Trading hours: 11am ??? 9pm Monday ??? Thursday & Sat, 11am ??? 10pm Fri
Easy to run with a simple to operate menu
Ample customer parking
Two businesses in one ??? ???Charcoal Chicken & Souvlaki???
LEASE AND RENT:
Commencement date: 1st August 2008
Term: Five (5) years
Further terms: Five (5) further terms of five (5) years
Current monthly rent: $3,200 inc GST
EQUIPMENT:
Large cool room & storage facilities
Stainless steel commercial kitchen
All equipment owned outright, no H/P leases
PRICE:
$270,000+ buyers welcome to inspect
*Vendors can trial comfortably on $10,000 a week for two (2) week
Call Karli to arrange an inspection on: 0409 965 540.

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Property History for 562 Mt Alexander Rd, Ascot Vale, VIC 3032

A timeline of how this property has performed in the market
  • 31 Jan 2014
    Listed for Sale PLUS SAVING
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About 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 8,440 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.
There are currently 6 properties listed for sale, and 11 properties listed for rent in Ascot vale on OnTheHouse. According to Cotality's data, 364 properties were sold in the past 12 months in Ascot vale.

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