118-120 Union Road Ascot Vale VIC 3032

Shop & Retail
337 m²
Sold, $1,705,000

Prominent Dual-Freehold with Giant Potential

Sitting on a substantial block of approx. 337sqm (with ROW at rear), this extremely rare amalgamation of two freehold titles comprises 3 to 4 separate lettable spaces with multi-level, high-density potential (STCA). Offered for the first time in several decades.

Smartly partitioned to enable maximum yield, the properties include:
- Corner shopfront ready for immediate rental
- Long-term hospitality tenant in shopfront facing Union Road
- Large, two bedroom residence at rear with kitchen, bathroom, shower, lounge room and W/C
- Capacity to partition internal, 2 room commercial space for individual lease
- External laundry and W/C facilities
- Garage at rear
Noteworthy points include:
- Commercial 1 Zoning
- Approx. $60,000 - $70,000 rent appraisal p.a.
- Dependable hospitality tenant in 120 Union Road
- Public transport at front door
- Approx. 6km from CBD

Frank Dowling

1047 Mt Alexander Road

Essendon, VIC 3040

Property Highlights

Date Sold	1 Dec 2021
Sold Price	$1,705,000
Floor Area	337 m²
Land Area	337 m²
Energy	0-star NABERS Energy rating
Parking	2 x Onsite parkings
Property ID	2017107018
Category	Shop & Retail Medical / Consulting Offices
Last updated	2 Dec 2021

Map for 118-120 Union Road Ascot Vale VIC 3032

Nearest transport* to 118-120 Union Road Ascot Vale VIC 3032

Bus

Train

Tram

Union Rd/Mirams St (Ascot Vale)	102 m
Union Rd/Francis St (Ascot Vale)	110 m
67 Francis St (Ascot Vale)	232 m
Rothwell St/Francis St (Ascot Vale)	367 m

*Within a 4km radius

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Frank Dowling

1047 Mt Alexander Road

Essendon, VIC 3040

Property Highlights

Date Sold	1 Dec 2021
Sold Price	$1,705,000
Floor Area	337 m²
Land Area	337 m²
Energy	0-star NABERS Energy rating
Parking	2 x Onsite parkings
Property ID	2017107018
Category	Shop & Retail Medical / Consulting Offices
Last updated	2 Dec 2021

Co-Agents

Anthony Elliott

Frank Dowling

Call

0433171740

Jane Campbell

Frank Dowling

Call

0411029926

More about 118-120 Union Road Ascot Vale VIC 3032

118-120 Union Road Ascot Vale VIC 3032 is categorized as Shop & Retail Property. It has a floor area of 337 m² and a land area of 337 m². There are 2 x onsite parkings.The listing ID for this property is 2017107018.