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169 Pascoe Vale Rd 2,174 SF Office Condo Unit Offered at $912,992 in Moonee Ponds, VIC 3039
Investment Highlights
- Prominent Pascoe Vale Road frontage with high daily traffic counts.
- Convenient connectivity to CityLink freeway and major Melbourne arterials.
- Surrounding amenity-rich environment with cafes, eateries, and boutique shopping.
- Flexible internal layout options supporting office, showroom, or mixed commercial uses.
- Walking proximity to Essendon Station, Queens Park, and Puckle Street retail precinct.
- Significant redevelopment or value-add potential subject to council approval.
Executive Summary
169 Pascoe Vale Road is situated within the Moonee Valley local government area and is currently classified under non-residential land use. The site occupies approximately 443 square meters of land with a building footprint estimated at 423 square meters. The structure dates to circa 1950 and does not fall under any registered planning overlays such as flood, bushfire, or heritage controls as of December 2025 data. The property lies along a key arterial corridor and within close proximity to local transport infrastructure and retail services in the Moonee Ponds activity center.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 3 |
| Cap Rate | 7.69% |
| Sale Type | Investment |
| Cap Rate | 7.69% |
| No. Parking Spaces | 3 |
Description
The property comprises a first-floor office and showroom located along Pascoe Vale Road in Moonee Ponds, Victoria, within the Moonee Valley local government area. It is situated approximately 7 km from Melbourne’s Central Business District and benefits from proximity to major arterials, tram services along Pascoe Vale Road, and nearby Essendon and Moonee Ponds train stations. Surrounding land use includes a mix of retail, office, and residential developments, with accessible public transport and established commercial activity.
Sale Notes
Positioned within the vibrant inner-north suburb of Moonee Ponds, this first-floor office/showroom offers 202 square meters of flexible, light-filled commercial space. Its prime frontage along Pascoe Vale Road ensures strong exposure to a steady stream of vehicular and pedestrian traffic, amplifying branding opportunities for any business or retail concept.
The spacious open-plan design is complemented by expansive glazing, providing abundant natural light and views over the bustling streetscape. A private rear balcony enhances functional versatility, creating a unique indoor-outdoor dynamic for staff and clients. Essential conveniences such as lift access, kitchen facilities, and dedicated amenities make the workplace highly practical and user-focused.
Three secure undercover car spaces combined with additional storage present exceptional operational ease, further strengthened by direct access to nearby arterial routes and convenient freeway connectivity. Tenanted under a long-term lease, this asset speaks to investors seeking an income-producing property in a precinct characterized by robust commercial activity and sustained growth.
Situated only moments from Puckle Street retail precinct, Queens Park, and an array of cafes and dining venues, the property benefits from multiple tram and train options, including Essendon and Moonee Ponds stations. With major arterials linking to Melbourne’s CBD just 7 km away, the location offers enduring appeal for professionals, retailers, and service-based businesses.
The spacious open-plan design is complemented by expansive glazing, providing abundant natural light and views over the bustling streetscape. A private rear balcony enhances functional versatility, creating a unique indoor-outdoor dynamic for staff and clients. Essential conveniences such as lift access, kitchen facilities, and dedicated amenities make the workplace highly practical and user-focused.
Three secure undercover car spaces combined with additional storage present exceptional operational ease, further strengthened by direct access to nearby arterial routes and convenient freeway connectivity. Tenanted under a long-term lease, this asset speaks to investors seeking an income-producing property in a precinct characterized by robust commercial activity and sustained growth.
Situated only moments from Puckle Street retail precinct, Queens Park, and an array of cafes and dining venues, the property benefits from multiple tram and train options, including Essendon and Moonee Ponds stations. With major arterials linking to Melbourne’s CBD just 7 km away, the location offers enduring appeal for professionals, retailers, and service-based businesses.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3 | 2,174 SF | Office | $912,992 ($419.96/SF) | $70,230.14 |
Unit 3
| Unit Size |
| 2,174 SF |
| Condo Use |
| Office |
| Price |
| $912,992 ($419.96/SF) |
| NOI |
| $70,230.14 |
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Unit 3
| Unit Size | 2,174 SF |
| Condo Use | Office |
| Price | $912,992 ($419.96/SF) |
| NOI | $70,230.14 |
| Sale Type | Investment |
| Cap Rate | 7.69% |
| No. Parking Spaces | 3 |
| Description | |
| The property comprises a first-floor office and showroom located along Pascoe Vale Road in Moonee Ponds, Victoria, within the Moonee Valley local government area. It is situated approximately 7 km from Melbourne’s Central Business District and benefits from proximity to major arterials, tram services along Pascoe Vale Road, and nearby Essendon and Moonee Ponds train stations. Surrounding land use includes a mix of retail, office, and residential developments, with accessible public transport and established commercial activity.</li></ul> | |
| Sale Notes | |
| Positioned within the vibrant inner-north suburb of Moonee Ponds, this first-floor office/showroom offers 202 square meters of flexible, light-filled commercial space. Its prime frontage along Pascoe Vale Road ensures strong exposure to a steady stream of vehicular and pedestrian traffic, amplifying branding opportunities for any business or retail concept.<br> <br> The spacious open-plan design is complemented by expansive glazing, providing abundant natural light and views over the bustling streetscape. A private rear balcony enhances functional versatility, creating a unique indoor-outdoor dynamic for staff and clients. Essential conveniences such as lift access, kitchen facilities, and dedicated amenities make the workplace highly practical and user-focused.<br> <br> Three secure undercover car spaces combined with additional storage present exceptional operational ease, further strengthened by direct access to nearby arterial routes and convenient freeway connectivity. Tenanted under a long-term lease, this asset speaks to investors seeking an income-producing property in a precinct characterized by robust commercial activity and sustained growth.<br> <br> Situated only moments from Puckle Street retail precinct, Queens Park, and an array of cafes and dining venues, the property benefits from multiple tram and train options, including Essendon and Moonee Ponds stations. With major arterials linking to Melbourne’s CBD just 7 km away, the location offers enduring appeal for professionals, retailers, and service-based businesses.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 11,550 SF | Floors | 3 |
| Property Type | Office (Condo) | Typical Floor Size | 3,850 SF |
| Building Class | C | Lot Size | 0.11 AC |
| Total Building Size | 11,550 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 3,850 SF |
| Lot Size | 0.11 AC |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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169 Pascoe Vale Rd
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