'Ultimate man cave' in Ascot Vale comes to the market
A highly customised warehouse-style property on Melbourne’s inner-north fringe has hit the market positioned as the ultimate man cave.
Located at 381- 383 Mount Alexander Road, Ascot Vale, the property was fitted out five years ago to house the owner’s prized car collection and to act as the ideal hangout for “the boys” with a decked out bar and pool table currently in sitchu.
“This really was designed as the ultimate man cave,” said John Rombotis of O’Brien Real Estate Cheltenham, who is handling the sale.
“The owner built it to a very high standard – somewhere to store luxury vehicles, entertain, and spend time, complete with a bar, kitchenette and bathroom.”
Finished to a polished level, the building features high-clearance internal space, secure access and an emphasis on privacy, making it equally suited to a range of alternative uses with prominent exposure along Mount Alexander Road.
“If someone wanted to move away from the private ‘man cave’ concept, it could easily work as a creative studio, boutique workplace or a secure showroom-style office,” Rombotis said.
“It’s very private and very secure, but it also has strong street presence and car parking, which opens up a lot of possibilities.”
The property’s location further strengthens its appeal, sitting within close proximity to Ascot Vale’s retail strips, cafes, and public transport.
From an investment perspective, the opportunity is equally compelling. Rombotis estimates the space could command annual rental returns in the order of $120,000 to $150,000.
The owner, who recently sold his business following a significant windfall, is relocating permanently to Queensland, prompting the decision to divest the property.
Taking into account the original purchase price and the substantial cost of the bespoke build, the asking price is between $2.85 million and $3.1 million.
“It’s not something you see every day,” Rombotis said. “The level of finish, the originality and the flexibility make it a genuinely unique offering – and an exciting one for the right buyer.”
