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2-6 Epsom Road, Ascot Vale, VIC, 3032

2. Property Highlights

HIGH EXPOSURE CONVENIENCE-BASED RETAIL CENTRE | EXECUTOR'S AUCTION
  • FIVE FULLY LEASED SHOPS
  • COMMERCIAL 1 ZONED LANDHOLDING
  • RENTAL GROWTH POTENTIAL

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.

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3. Property Location

2-6 Epsom Road, Ascot Vale, VIC, 3032