SOLD
Sold on 27 Sep 2023 for $2,000,000

441-445 Mt Alexander Road
Ascot Vale VIC 3032

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 493m2
Sold By
Belle Property Ascot Vale
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Property Details for 441-445 Mt Alexander Rd, Ascot Vale

Building Type
Commercial
Floor Size
100m2
Land Size
493m2
Local Government
Moonee Valley
Lot/Plan
1/TP105897

Last Listing description (May 2023)

Showcasing superbly wide frontage (approx. 23m), this well presented, and generously proportioned retail showroom boasts a vibrant position in a top spot. Held for decades by the current owners, it offers building area of 420m2 on land of 492m2 (both approximate). Expansive showroom space is complemented by a wealth of storage, including a big mezzanine, plus amenities incorporating a small kitchenette and two staff powder rooms. Complete with 3 parking spots out front and excellent exposure enhanced by a position opposite popular retailers including Chemist Warehouse and 7/11, it's easy to spot. Zoned B2Z Commercial 1, it's a great place to base yourself for success and suited to a range of uses (STCA). With trams right out front and CityLink nearby, it's also within easy reach of the CBD (around 5 kilometres away).

Alexkarbon Real Estate
241 Union Road, Ascot Vale

122 Errol Street, North Melbourne

Property History for 441-445 Mt Alexander Rd, Ascot Vale, VIC 3032

A timeline of how this property has performed in the market
Last Sold
$2,000,000
27 Sep 2023
Listed for Rent
$1.92k/w
02 May 2023
  • 27 Sep 2023
    Sold for $2,000,000
  • 24 May 2022
    Listed for Rent $100,000 / year
  • 08 Mar 2022
    Listed for Sale Contact Agent
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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.

Suburb Insights for Ascot Vale 3032

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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.