Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

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

+9 Photos
/
Images
Close
×
Sold Check
+11 Photos
2-6 Epsom Road, Ascot Vale, VIC, 3032

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

Properties / Sold / Victoria / Ascot Vale
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Contact Exclusive Agents
Land Area
1,479 m² (*approx)
Floor Area
632 m² (*approx)
Property Type
Retail, Land
Est. Income
$283,098 p/a
Car Spaces
16
Show All

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.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Land
Est. Income
$283,098 p/a
Land Area
1,479 m² (*approx)
Floor Area
632 m² (*approx)
Car Spaces
16
Selling Method
Auction
Auction Date
10 Aug 2023 02:30PM
Selling Details
Contact Exclusive Agents

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.

Remember to mention you found this property on CommercialReady

Read More

3. Property Location

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

Property Map
2-6 Epsom Road, Ascot Vale, VIC, 3032 Ascot Vale
Emmetts Real Estate - Melbourne
Emmetts Real Estate - Melbourne
Level 7, 24 Collins Street MELBOURNE, VIC 3000
View Agency Profile
calculator-icon Yield Calculator
calcultor-icon Yield Calculator