67 & 69-73 Epsom Road Ascot Vale VIC 3032

Savills Commercial is delighted to offer for sale this development site with income located at 67 & 69-73 Epsom Road, Ascot Vale.

The property represents a versatile opportunity for owner occupiers, investors and developers to secure two allotments including a former aged care facility in Melbourne's inner northern suburb of Ascot Vale.

Key attributes of the property include:
Combined landholding of 3,110sqm* with rear laneway
Former aged care facility comprising of 27 rooms and separate houses
Strong residential holding income of $231,140 p.a. (October 2024)
Ideally suited to residential, childcare and medical redevelopment
Current improvements provide for aged care, NDIS, disability and specialised housing
Outstanding location in the heart of Ascot Vale close to retail and recreational facilities
Walking distance to Ascot Vale Train Station and bus network

*Approximate

For Sale by Expressions of Interest closing Wednesday 30 October at 2pm.

For further information please contact:

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
James Latos - 0422 604 900