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265-271 Mt Alexander Rd - DEPOT 441 SF Retail Condo Unit in Ascot Vale, VIC 3032



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 | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,101 SF |
| Property Subtype | Apartment | Lot Size | 0.14 AC |
| Building Class | C |
| 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 | Sale Type | Investment |
| Condo Use | Retail | APN/Parcel ID | 101\PS734322 |
| 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
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265-271 Mt Alexander Rd - DEPOT
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