412-426 Mount Alexander Road, Ascot Vale, VIC, 3032

Stonebridge Property Group is pleased to present Travancore Arcade - 412-426 Mt Alexander Road, Ascot Vale, offered for sale via Expressions of Interest.

The property is a functional two-level freehold within Ascot Vale's tightly held retail and commercial precinct, offering diversified holding income and significant value-add, development and retail activation potential (STCA).

Key highlights of the property include:

- Existing improvements comprise nine commercial tenancies, including seven of which are leased offices, one leased showroom and one vacant suite, with a total building area of 2,152 sqm* (GBA)

- Diversified tenancy profile spanning medical, engineering, financial and fitness occupiers, generating a passing net income of $227,330* per annum, with a potential fully leased net income north of $400,000

- Tenants include Melbourne Metro Psychology, RR Eleven, Consolidated Cargo, Abound Financial & Lifestyle Planning, Pace Advisory Group, Ascot Consulting Engineers and KX Fitness.

- An expansive 1,732 sqm* freehold landholding with significant scope for development upside and/or retail activation, noting surrounding retail/showroom success and two street frontages (STCA)

- Prominent 58.9 m* frontage to Mt Alexander Road, one of Melbourne's major arterial thoroughfares, benefiting from exceptional exposure and passing traffic

- Zoned Commercial 1 (C1Z) allowing for intelligent future development options, including retail, commercial, residential or mixed-use (STCA)

- Situated within the prime retail precinct with immediate access to Dan Murphy's (opposite), Woolworths Metro (200 m*), Moonee Ponds Central including Coles, Kmart and Aldi (1.5 km*), and Ascot Vale Leisure Centre (2 km*)

- Located in the affluent suburb of Ascot Vale, which boasts a median house price of $1,300,000^, more than 1.3 times the Metro Melbourne median

- Strategically connected to the Melbourne CBD (5.8 km*) via tram stops along Mt Alexander Road or Ascot Vale train station (1 km*), and major road networks including the M2 CityLink

- Surrounded by a number of highly regarded educational institutions, including Ascot Vale Primary School, Moonee Ponds Primary School and Penleigh and Essendon Grammar School

- 4.5-star NABERS Energy Rating

412-426 Mt Alexander Road, Ascot Vale is for sale via Expressions of Interest closing Thursday 8th October 2026 at 2pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Dylan Kilner

0459 396 341

Max Warren

0488 296 892

Chao Zhang 张超

国语咨询

0411 625 068

*Approximately

^ REIV

Stonebridge's VIC City Fringe Team is one of Melbourne's most active commercial sales teams, specialising in commercial property sales across Melbourne's city fringe, including office buildings, warehouses, block of flats and development properties. Having transacted more than 74 commercial properties across Melbourne's inner-city suburbs over the past two years (as at July 2026), the team is recognised for its local expertise, strategic advice and consistently strong results for clients.

Property Code: 1770

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