High on Whiskey Hill, this classic Aussie milk bar has served its last customer and now offers an amazing opportunity for those looking to renovate, renew or explore its development potential (STCA) - all on a sizeable corner block (approx 250sqm) complete with rear ROW.
Beyond the iconic shopfront, this unique property also includes a basic single-level home comprising two bedrooms, central bathroom, separate lounge and kitchen/meals area. Step outside to discover a sunny north-facing backyard with external laundry and storeroom, plus a lock-up garage accessed via Morphett Street.
Bus stop around the corner and riverside trails at the end of the street, it's also close to Flemington Racecourse, local schools and Ascot Vale Leisure Centre, as well as easy access to Union Road cafes and Showgrounds Village Shopping Centre.
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 8,372 properties. Over the last 5 years, Houses in Ascot Vale have seen a 1.97% increase in median value, while Units have seen a 6.05% increase. As at 30 April 2026:
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