382-384 Mt Alexander Rd Ascot Vale VIC 3032

Exceptional Inner-City Opportunity Suits Developers, Tenants & Investors

Located just 5 km from the CBD with excellent access to major freeways, this high-exposure property offers a rare and versatile opportunity catering to a wide range of end users.

Set on 433 sqm of land with an existing 200 sqm building, the site was previously used as a car yard and remains ideal for immediate occupation, long-term investment, or redevelopment potential (STCA).

Key Highlights:
Land Area: Approx. 433 sqm

Building Area: Approx. 200 sqm

Prime position with excellent street frontage and visibility

High-traffic location, ideal for customer-facing businesses

Easy access to Melbourne CBD and key arterial roads

Zoning & Planning Overlays:
Zoning: The property is situated within a Commercial Zone, allowing for a range of commercial and industrial uses.

Overlays: There are no known heritage overlays or significant planning restrictions affecting the site, providing flexibility for redevelopment.
City of Melbourne

Nearby Developments:
The area is experiencing significant growth, with several new commercial and residential developments underway.

Recent infrastructure improvements, including upgraded transport links, enhance accessibility and appeal.

For Developers:
Outstanding opportunity for redevelopment (STCA) in a tightly held inner-city precinct

Potential for mixed-use, commercial, or boutique residential projects

Strategic position with strong growth fundamentals

For Tenants:
Ready-to-occupy space suited to a range of uses including automotive, trade, retail, or office (STCA)

Secure yard with ample onsite parking

Prominent location for branding and visibility

For Investors:
Secure holding income with strong leasing appeal while exploring development plans

Landbank in a rapidly evolving corridor just minutes from the CBD

Long-term capital growth potential

All measurements are approximate. STCA: Subject to Council Approval.