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343-349 Ascot Vale Road, Moonee Ponds

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For Sale

A High-Yield, High-Growth Mixed-Use Project at Moonee Ponds

Just 6km from the Melbourne CBD and 12km from Melbourne Airport, this 2,156m² site offers investors steady income today and strong development potential for the future. The property already earns a 7%rental yield from three established tenants. Its zoning is one of the most flexible in Victoria, allowing a wide mix of uses such as shops, offices and apartments, and the site was previously approved for 82 apartments, 2 shops and 6 offices. With only 1% of rental vacancy rate in Moonee Ponds, and the site located in an area the government has targeted for new infrastructure and urban renewal, it presents a rare opportunity to earn strong rental income while positioning for long-term capital growth.

Details

Address 343-349 Ascot Vale Road, Moonee Ponds
Price Contact Agent
Property Type Commercial
Property ID 804
Commercial Listing Type Sale
Category Land/Development

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