403-405 Mt Alexander Road, Ascot Vale

Historic Italian Gothic revival home with grand spaces and great character

This stunning Italian Gothic revival heritage home, built in 1884 and designed by renowned architects Terry and Oakden, presents an extraordinary opportunity for those seeking a unique residence with exceptional historical charm. Positioned on a prominent corner with striking polychrome cream brick and limestone arched windows, the property has undergone careful restoration while preserving its original grandeur.

The grand formal lounge and dining rooms feature soaring ceilings, ornate plasterwork, and magnificent bay windows that flood the space with natural light. Original marble open fireplaces with intricate mantels add a timeless elegance, complemented by decorative cornices, ceiling roses, friezes and heritage detailing throughout the home. The flexible layout allows for multiple living, meeting, or entertaining zones, with the secondary dining or sitting room connected by an arched heritage opening, ideal for formal gatherings or professional use.

The kitchen, positioned to service both residential and commercial use, features durable stone benchtops, a freestanding Falcon oven and gas cooktop, a Belfast ceramic sink, and tiled splashback. Striking timber cabinetry provides ample storage, and the space enjoys plenty of natural light. The kitchen’s practical layout ensures easy workflow.

Accommodation includes multiple large rooms, all featuring high ceilings and large windows that enhance airflow and light. The master offers space and flexibility for a variety of uses, while the second bedroom is equally generous. Both rooms are ideal for bedrooms, offices, or consulting suites. The period-style bathroom is beautifully appointed with a clawfoot bath, heritage tiling, brass fixtures, and a traditional vanity.

Other standout features include a grand foyer with a Mahogany reception desk and secure vault, period timber detailing, built-in cabinetry, and a statement grand staircase. The home also offers multiple private rooms that can be used as treatment rooms, boardrooms, or bedrooms, with hydronic heating ensuring comfort throughout. An alarm system adds additional security, while rear access via Bank Street provides entry to two remote garages, plus off-street parking for up to four vehicles.

The property’s location is equally impressive, positioned within walking distance of Union Road shopping village and with easy access to the vibrant retail and dining strip along Mt Alexander Road. Highpoint Shopping Centre is just moments away, and Ascot Vale Train Station provides convenient access to the CBD via the Craigieburn Line. Public transport options, including trams and buses, offer excellent connectivity.

This exceptional property is zoned for Ascot Vale Primary School and Mount Alexander 7-12 College, with nearby private schools such as St Mary’s Primary and St Columba’s College. The University of Melbourne, RMIT University, and Victoria University are all easily accessible, offering prime educational opportunities.

Outdoor spaces are equally accessible, with the Maribyrnong River trails and Fairbairn Park just moments away, providing ample space for walking, cycling, and outdoor activities. The Walter Street Reserve and Riverside Golf course add to the area’s leisure offerings, while the iconic Flemington Racecourse parklands are within easy reach.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property Features

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