242 Union Road, Ascot Vale, VIC 3032

Retail | Offices

Leased

  • Property ID: 265521
  • Floor Area: 131m²
  • NBN Availability: Not Currently Available
  • Nearby Parking: Private
  • Cafes: 11 nearby
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 01/05/2018 131m2 N/A $46,500
Retail Shop and Dwelling Potential

Located on established and sought after Union Road, Ascot Vale is this 131m2* ground floor commercial premises now available for lease.


The property features;
- Large frontage with exposure to Union Road
- Appealing Commercial 1 Zone for use as office or retail
- Shop front/reception area
- Rear space easily converted to suit a dwelling
- Partitioned offices
- Kitchenette

The property’s convenient location is under 5km* north-west of the Melbourne CBD and is well serviced by the no. 57 Tram which runs along Union Road and Epsom Road and a host of cafe's and restaurants.

Additional Information
Features
  • Availability: Immediately
  • Zoning: Commercial 1 Zone
  • Lease Term: Long lease available
  • Rent Review: Negotiable
  • Car Spaces: Nil
  • Condition: Excellent
  • Air Conditioning: Yes in office
  • Roller Doors: No
  • Floors: Carpet throughout
  • Lifts: No
  • Height: 2.5 metres approximately
  • Age: Unknown
  • Car Parking Fees: $3,000 per annum lease from body corp
Outgoings
  • Water Rates: $1,500.00 pa*
  • Land Tax: Not applicable
  • Council Rates: $2,700 pa*
  • Owners Corp. / Insurance: $3,200 pa*
Ascot Vale Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $338 ---
Retail $6250 $299 4.79%
Offices $6250 $250 4.00%
This is the average advertised price, rent and yield for Ascot Vale, VIC 3032*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 242 Union Road, Ascot Vale, VIC 3032. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 242 Union Road, Ascot Vale, VIC 3032. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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