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117 Union Road

Ascot Vale VIC 3032

2
2
1
House
Currently for sale - view listing

Overview

Two in one for twice the rewards

An amazing opportunity for city professionals and savvy investors alike, this unique dual premise property is set to impress with its high amenity, quality appointments, excellent rental/business/retail potential, dual income, and unrivalled inner-urban convenience. Each premise is complete with its own front and rear entrances. Combined floor area of both premises is 275sqm. For city professional owner occupiers, it offers a luxury, architectural apartment living plus tax effective income below. For savvy investors, it offers a dual income as fully commercial or split residential and commercial. Getting things started downstairs, is a light-filled retail/office space in the vicinity of 101sqm including high ceilings, split-system heating/cooling, kitchenette and toilet facilities plus the added appeal of a long-term tenancy in place (over 20 years). Next, the architectural premise upstairs is 139sqm, which can be owner occupied, rented as an office, or rented as a residence. Unique sliding wall panels with sound proofing allow for multi-purpose office, studio or 2 bedroom residence. A remote-control garage (assignable to either premises) totals 25sqm plus 3 large storage areas, all of which are easily accessed via the rear laneway which can be approached two directions (from Munro St or Roseberry St). When upstairs is configured as a residence, it comprises two sizeable bedrooms with built-in robes both complemented by a stylish bathroom with stone-top vanity. Drenched in natural light, the open-design living/dining areas are both serviced by a well-appointed kitchen with breakfast bench, AEG cooking appliances and integrated dishwasher. Other stand-out features include 4 outdoor areas a large entertaining terrace, private balcony (from the main bedroom), patio (from dining) and Julitte balcony (living area), plus 3 split-systems heating/cooling, internal laundry facilities, separately metered electrical connections, ample data points and Wi-Fi. When upstairs is configured as an office, the entire building is tax effective dual income commercial property, with extensive Wi-Fi, data points, communication closet, electrical circuits, lighting, natural light, sound proofing make it a highly functional office. Footsteps to the route 57 tram along with an array of cafes, bars and restaurants to explore, it's also close to specialty shops, Woolworths Metro, Happy Apple, Showgrounds Village Shopping Centre, Flemington Racecourse and the convenience of Ascot Vale Station.

Features

2 bedrooms
2 bathrooms
1 carspace
House

Happy sellers in Ascot Vale

76%
76% of sellers in Ascot Vale reported that their sale price either exceeded or met their price expectations.

Ascot Vale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Ascot Vale over the last 12 months.

Local market activity for 2 bedroom houses in Ascot Vale

In the last 12 months, 22 two-bedroom houses similar to 117 Union Road, have been sold.

This represents a 27% increase in two-bedroom houses sales when compared to the previous 12 months.

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