48 Langs RoadAscot Vale VIC 3032
Property Details for 48 Langs Rd, Ascot Vale
Last Listing description (October 2018)
This property and business is for sale
Vacant possession
This business has been operating over 30 years
To operate the service station as a retail outlet you need to apply for a council permit
Fuel tanks are all functional and bowsers
Tanks are all good size
UNLEADED Tank 57,000 Litres
PREMIUM UNLEADED Tank 10,000 Litres
DIESEL Tank 27,000 Litres
Currently full is only used for workshop customers
Property also has development potential for Apartments subject to council approval
Property History for 48 Langs Rd, Ascot Vale, VIC 3032
- 19 Jun 2024Sold for $700,000
- 17 Jan 2022Sold for $700,000
- 21 Sep 2018Listed for Sale $1,250,000
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0About 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 29.66% increase in median value, while Units have seen a -0.34% decrease. As at 31 August 2024:
- The median value for Houses in Ascot Vale is $1,407,985 while the median value for Units is $565,119.
- Houses have a median rent of $695 while Units have a median rent of $500.
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