Share This Listing

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Architecturally designed commercial condo with a modern, polished street presence
  • Well-balanced configuration combining strong front-of-house appeal with practical back-of-house amenities
  • Architecturally designed commercial condo with a modern, polished street presence

Executive Summary

Positioned along one of inner Melbourne’s most tightly held and vibrant urban strips, this smartly designed mixed-use building presents a compelling opportunity for investors and occupiers alike. The ground-floor commercial condo, designed by Bagnato, delivers a stylish and low-maintenance layout with strong street presence, ideal for a wide range of retail, hospitality, wellness, or professional uses. Internally, the space is well configured with a generous customer-facing area supported by functional back-of-house amenities, allowing for seamless day-to-day operations and long-term leasing appeal. Above, the building incorporates a residential component, providing an added layer of mixed-use character while keeping the commercial offering clearly defined and independent. The commercial condo benefits from excellent exposure to constant pedestrian and vehicular traffic and sits within a thriving lifestyle precinct surrounded by popular eateries, bars, boutique retailers, and everyday services. Convenient access to public transport, major arterial roads, and key inner-city destinations further enhances the appeal for both tenants and business owners. Overall, this is a high-quality inner-urban asset offering flexibility, durability, and enduring relevance within a proven commercial location, with the commercial condo standing as the clear focal point of the opportunity.

Property Facts

Total Building Size 12,303 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 3
Typical Floor Size 4,101 SF
Lot Size 0.14 AC

Amenities

Unit Amenities

  • Air Conditioning

1 Unit Available

Unit 271

Unit Size 441 SF
Condo Use Retail
Sale Type Investment
APN/Parcel ID 101\PS734322
Description

This smart and stylish, Bagnato-designed commercial condo presents a refined, low-maintenance layout ideal for a wide range of business uses. The space features a generous customer-facing area complemented by a functional rear room suitable for staff use or storage, along with a powder room and additional wash basin. Well,-proportioned and thoughtfully configured, the condo offers flexibility to suit retail, hospitality, wellness, or professional service occupiers, with strong adaptability for future reconfiguration.

Sale Notes

This smart, Bagnato-designed commercial condo presents a compelling opportunity to acquire a low-maintenance retail asset within a tightly held inner-Melbourne lifestyle strip. Offered as a standalone commercial holding only, the sale relates solely to the ground-floor condo, with the residential component above excluded from all considerations. The space is well suited to investors seeking a clean, passive commercial asset, as well as owner-occupiers looking to secure a high-quality business base with future flexibility. Its functional layout and strong adaptability support long-term leasing appeal or repositioning to suit a variety of commercial uses.

Common Area & Water Meters 2CONDO 6
CONDO
CONDO
CONDO
CONDO

+1 More

INTERIOR CONDO
View Photo Common Area & Water Meters 2CONDO 6
View Photo CONDO
View Photo CONDO
View Photo CONDO
View Photo CONDO
View Photo INTERIOR CONDO
  • Listing ID: 39718041

  • Date on Market: 3/9/2026

  • Last Updated:

  • Address: 265-271 Mt Alexander Rd, Ascot Vale, VIC 3032

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}