OFF MARKET

2-6 Epsom Road
Ascot Vale VIC 3032

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1480m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 2-6 Epsom Rd, Ascot Vale

Building Type
Commercial
Land Size
1480m2
Local Government
Moonee Valley
Lot/Plan
6/LP10425

Last Listing description (August 2023)

Emmetts are pleased to present to market a strategically located retail investment opportunity at 2-6 Epsom Road, Ascot Vale (Cnr Maribyrnong Rd) for sale by Executor's Auction on Thursday 10th of August at 2:30pm on site.

Prominently located at the junction of two arterial roadways, namely Epsom Road and Maribyrnong Road, the five fully leased shops provide astute investors with the opportunity to secure a defensive income stream, let at sustainable rents with growth potential as well as providing several value add opportunities.

Key Investment Considerations Include:

+ Located at the junction of two arterial roadways; Epsom Road and Maribyrnong Road.
+ Enormous exposure with estimated daily passing vehicle traffic of 25,000 cars*
+ Substantial land holding of 1,479 sq m*
+ Combined Epsom Road and Maribyrnong frontage of 54.8 metres*
+ Valuable Commercial 1 Zone, providing potential for high value future redevelopment opportunities (STCA).
+ Currently configured as five retail tenancies fully leased to four businesses.
+ 16 at-grade convenient on-site shopper parking spaces.
+ Provides purchasers a tenant mix of convenient quick service food retail and allied health services
+ Current rental income of $283,098 pa with significant upward reversion potential.
+ Opportunities for increased income via lease renewals.
+ Potential commercial signage opportunities to add income (STCA).

2-6 Epsom Road, Ascot Vale is being offering for sale by Executor's Auction on Thursday 10th August at 2:30pm on site.

*denotes approximate.

For further information, contact the exclusive agents.

Show More

Property History for 2-6 Epsom Rd, Ascot Vale, VIC 3032

A timeline of how this property has performed in the market
Last Sold
$4,800,000
10 Aug 2023
  • 10 Aug 2023
    Sold for $4,800,000
  • 13 Jul 2023
    Listed for Sale Contact Exclusive Agents
  • 03 May 2014
    Sold for $5,250,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Ascot Vale 3032

The size of Ascot Vale is approximately 3.8 square kilometres. It has 16 parks covering nearly 20.3% of total area. The population of Ascot Vale in 2011 was 13,476 people. By 2016 the population was 14,742 showing a population growth of 9.4% in the area during that time. The predominant age group in Ascot Vale is 30-39 years. Households in Ascot Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot Vale work in a professional occupation. In 2011, 56.7% of the homes in Ascot Vale were owner-occupied compared with 55.5% in 2016.

Ascot Vale has 8,280 properties. Over the last 5 years, Houses in Ascot Vale have seen a 26.15% increase in median value, while Units have seen a 5.08% increase. As at 31 July 2024:

  • The median value for Houses in Ascot Vale is $1,382,170 while the median value for Units is $601,967.
  • Houses have a median rent of $695 while Units have a median rent of $500.
There are currently 26 properties listed for sale, and 20 properties listed for rent in Ascot vale on OnTheHouse. According to CoreLogic's data, 328 properties were sold in the past 12 months in Ascot vale.

Ascot Vale Profile Page

Suburb Insights for Ascot Vale 3032

Visit Ascot Vale profile page
Market Insights
Ascot Vale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Ascot Vale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Ascot Vale profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED