Ground Floor/271 Mt Alexander Road, Ascot Vale, Vic 3032

A smart and stylish, Bagnato-designed shopfront among one of inner-Melbourne’s most adored urban strips, this low-maintenance prize offers dependable passive income with scope to repurpose down the line. A superb opportunity to lease out long into the future or replicate the success of nearby restaurants, cafés, bars, retail stores, fitness studios, and treatment spaces, the property comprises a sizeable customer-facing area and back/lunch room with powder room and additional wash basin.

Noteworthy points include:
-	Zoning: Business 2 Zone (B2Z) superseded by Commercial 1 Zone (C1Z)
-	Currently leased to ensure instant cash flow
-	Scope to lease out long into the future or use as a first-rate business base
-	A broad range of shops and transport options within easy walking distance
-	Under 5km to Melbourne’s GPO

Placed in the heart of the thriving Mt Alexander Road lifestyle hub, an array of local eateries, nightspots, boutique shops, and large-scale retailers (including Dan Murphy’s) sit seconds away, with the premises in full view of thousands of daily commuters. CityLink and Flemington Bridge/Ascot Vale Stations are nearby (two different train lines), with the 59 tram accessing the lively Puckle Street precinct, major hospitals, leading universities, Queen Victoria Market, and Melbourne’s bustling city centre.