242 Union Road, Ascot Vale, VIC 3032

Retail | Offices | Medical

Leased

  • Property ID: 404127
  • Floor Area: 131m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased N/A 131m2 N/A N/A
Frontage, Signage and Exposure

POINT OF INTEREST:
Featuring a generous layout further enhanced by 2 partitioned offices and staff amenities, 242 Union Road Ascot Vale is a prime and well presented ground floor premises offering outstanding exposure and signage rights. The property is set amongst major businesses such as Woolworths Metro Supermarket, BWS, Commonwealth Bank of Australia and Home Hardware and also is home to a vibrant mixture of cafes, restaurants/bars, clothing and fitness servicing the local and surrounding community.

Property Summary:
- Total building area: 131m2*
- 6 Metres frontage to Union Road
- Ducted heating & cooling
- Rear ROW via common access
- Commercial 1 Zone
- Signage rights to building façade

POINT OF VIEW:
Superbly positioned in well-known Union Street which is readily developing into a trendy retail, cafe and commercial strip, the property is located under 5km* from the Melbourne CBD and is further supported by the No. 57 tram which runs along Maribyrnong, Union and Epsom Roads.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediately
  • Car Spaces: Available upon negotiation
  • Condition: Very Good
  • Air Conditioning: Ducted heating and Cooling
  • Floors: Carpet and tiles throughout
  • Height: 2.7 meters approximately
  • Age: Unknown
  • Car Parking Fees: $2,750.00p.a. inclusive of GST subject to use if r
Outgoings
  • Water Rates: $1,600.00p.a. approx
  • Land Tax: $750.00p.a. approx (Non-Retail applicable)
  • Council Rates: $3,300.00p.a approx
  • Owners Corp. / Insurance: $4,800.00p.a. approx
  • Other Charges: Air-conditioning maintenance $900.00p.a. approxim
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.

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™.
  • 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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