197 Union Road, Ascot Vale

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Prime Corner Location Retail

Positioned in a high-exposure location with strong foot traffic and surrounded by established businesses, this property presents an outstanding opportunity for hospitality or retail operators.

The well-appointed premises offers a total building area of approximately 80m²*, featuring an existing restaurant fit-out, toilet facilities, and seating for around 20 patrons*. The property also benefits from an existing permit for outdoor seating at the front of the premises.

Additional features include split system heating and cooling for year-round comfort, a large storage area, and convenient rear access via the right of way (R.O.W) for deliveries.

Ideally located just under 50m* from tram services, the property ensures excellent accessibility for both customers and staff.

Zoned Commercial 1 Zone (C1Z), this versatile space is suitable for a wide range of business uses.

Property Highlights:

Total Building | 80m2*

High exposure location

Cafe/Restaurant fit-out

Grease trap, 3-phase power

Split system heating/cooling

50m* from the nearest Tram station

Commercial 1 Zone (C1Z)

Private Inspections can be arranged by contacting one of our exclusive agents:

Simon Liang | 0415 593 010

[email protected]

*All measurements and numbers are approximate. Boundary representations are for indication purposes only. Every effort has been made to ensure the accuracy of all information, but this does not constitute a guarantee or representation by the Vendor or Agents.

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Recent Sales in Ascot Vale

Beds

2

Price

$581,000

Property Type

Apartment

Sale Type

Private Sale

Beds

2

Price

Contact agent for details

Property Type

Townhouse

Sale Type

Auction

Address
78 Epsom Road
Beds

3

Price

$1,100,000

Property Type

House

Sale Type

Auction

Address
108 The Parade
Beds

3

Price

Contact agent for details

Property Type

House

Sale Type

Auction

Address
53A Epsom Road
Beds

4

Price

$1,750,000

Property Type

Unit

Sale Type

Private Sale

Address
Beds
Price
Property Type
Sale Type
2
$581,000
Apartment
Private Sale
2
Contact agent for details
Townhouse
Auction
3
$1,100,000
House
Auction
3
Contact agent for details
House
Auction
4
$1,750,000
Unit
Private Sale
Ascot Vale Victory Park
Suburb Profile

Ascot Vale

Bordered by the Maribyrnong River to the west, Ascot Vale is known for its abundance of green spaces and parks – providing plenty of outdoor opportunities. Serviced by the Craigieburn line, as well as several bus and tram routes, travelling to surrounding suburbs and the city is effortless.

The main hotspots of Ascot Vale Road and Union Road, celebrate independent businesses and local artisans with a thriving food culture. From cosy cafés to speciality stores, eccentric boutiques and trendy restaurants, you’ll find it all. Locals are spoilt when it comes to exciting events, with the Melbourne Showgrounds, Flemington Racecourse, and Moonee Valley Racecourse all close by. Home to three primary schools, Ascot Vale is a great suburb for families with young children.

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