$1,705,000

118-120 Union Road, ASCOT VALE VIC 3032

337 m²

337 m²

$1,705,000

118-120 Union Road, ASCOT VALE VIC 3032

337 m²

337 m²

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Prominent Dual-Freehold with Giant Potential

Sitting on a substantial block of approx. 337sqm (with ROW at rear), this extremely rare amalgamation of two freehold titles comprises 3 to 4 separate lettable spaces with multi-level, high-density potential (STCA). Offered for the first time in several decades.

Smartly partitioned to enable maximum yield, the properties include:
- Corner shopfront ready for immediate rental
- Long-term hospitality tenant in shopfront facing Union Road
- Large, two bedroom residence at rear with kitchen, bathroom, shower, lounge room and W/C
- Capacity to partition internal, 2 room commercial space for individual lease
- External laundry and W/C facilities
- Garage at rear
Noteworthy points include:
- Commercial 1 Zoning
- Approx. $60,000 - $70,000 rent appraisal p.a.
- Dependable hospitality tenant in 120 Union Road
- Public transport at front door
- Approx. 6km from CBD

Location

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