340 Ascot Vale Road, Moonee Ponds VIC 3039

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A rare and extraordinary opportunity with a broad range of enticing possibilities for the future, this large rectangular block sits in a prime position within Moonee Valley’s designated activity centre. Housing a neat and comfortable family home - currently leased at $2520 per month - and abundant surplus land at the rear, this is an undeniably attractive development site with scope for a new multi-storey construction (STCA).

• Prime opportunity in central Moonee Ponds
• Land approx. 561sqm with wide street frontage
• Redevelop up to 14m high (STCA)
• Four bedroom home with strong rental return
• Just a 250m walk to Puckle Street

The current home incorporates an existing garage and off-street parking, while future commercial options are assured easy access via Ascot Vale Road and Mt Alexander Road trams, Gladstone Street public parking and Moonee Ponds Station. In close proximity to Moonee Ponds Junction, Moonee Ponds Central and Queens Park, the significance of this opportunity should not be underestimated!