+17 Photos

SOLD

187 Mt Alexander Road, Ascot Vale, VIC 3032

Properties / Sold / Victoria / Ascot Vale

Development Potential

1. Property Summary

Property Type

Commercial, Residential, Mixed Use

Land Area

700 m² (*approx)

Selling Method

SOLD: 10 Aug 2018

Show All

2. Property Highlights

CITY FRINGE CORNER DEVELOPMENT SITE

SOLD

Colliers International are pleased to be appointed to exclusively market the 187 Mt Alexander Road, Ascot Vale a flexible opportunity just 3.9km’s from the Melbourne CBD. The site, which boasts a prime location on Mt Alexander Hill is surrounded by Ascot Vale and Flemington’s best tree lined streets and most expensive homes.

Key features include:
• Significant corner land footprint of 700m²* in highly sought after location
• Flexible Commercial 1 Zoning offers a multitude of end uses
• Extremely well suited to a mixed use development incorporating ground floor retail along with a mix of apartments or townhouses (STCA)
• Existing retail/office premises of 375m²* allows for immediate owner occupation
• Surrounding leafy streets are amongst the areas most expensive homes and apartments
• Offers an opportunity for the astute investor to refurbish and re-lease or develop (STCA)
• Perfectly positioned within close proximity to the major shopping precincts of Racecourse Road and Mt Alexander Road
• Just 3.9km’s from Melbourne’s CBD the property is surrounded by brilliant lifestyle landmarks including, Royal Melbourne Zoo, Royal Park, Royal Children’s Hospital and Flemington Racecourse
• Easily accessible to wider Melbourne with train stations, tram stops and City link just moment away
*Approx

Remember to mention you found this property on DevelopmentReady