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Commercial Property

1/187 Union Road

Ascot Vale VIC 3032, Australia

- Parking
295 m² Land size
- Internal area
$450,000 Last sale (2026)

About this commercial property

1/187 Union Road in Ascot Vale is a mixed‑use property consisting of a residential unit above a ground‑floor retail shop. The shop operates under The Lott brand, offering lottery tickets, gift cards and party‑supply items. The premises are open daily from 08:30 to 18:00 and provide wheelchair‑accessible parking.

The location benefits from strong public‑transport links, including nearby tram stops and a railway station within walking distance, and sits in a well‑served inner‑city suburb of Melbourne

Also written as Unit 1, 187 Union Road.

Key details

Locality
Ascot Vale
State
VIC
Coordinates
37.773338 / 144.915675
GNAF PID
GAVIC410774671
Legal parcel ID
1\TP918519
Remoteness area
Metro
Property type
Commercial
Unit land size
295 m²
Unit internal area
-
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
HO26 – heritage protection planning control applies to any development application.
Land Use Category
Commercial

Commercial property information

Ascot Vale Lotteries & Cards
Retail
Retail trade, except of motor vehicles and motorcycles Retail
Verified at this address

Business listed on Cybo with exact address 187 Union Rd, no unit number, matching the ground‑floor of the parcel.

Lottery retailer and supplier of gift cards and party‑supply items under The Lott brand.
Opening hours
Monday
08:30 – 18:00
Tuesday
08:30 – 18:00
Wednesday
08:30 – 18:00
Thursday
08:30 – 18:00
Friday
08:30 – 18:00
Saturday
08:30 – 18:00
Sunday
08:30 – 18:00

Market estimates

Based on curated rent estimate, web value evidence.

Expected weekly rent
$668
Expected property value
$600,000
Estimated yield
5.79%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
19 Mar 2026
Sale of entire lot (ground floor commercial + residential unit)
$450,000

Property insights

Real Estate Agencies

Ordered by:
Nelson Alexander - Ascot Vale
Jellis Craig - Kensington
2.2 km
Jellis Craig - Moonee Valley
2.9 km
Barry Plant - Essendon
2.0 km
VICPROP - BRUNSWICK & RESERVOIR
4.8 km
Jas Stephens Real Estate
5.0 km
WHITEFOX Northside - CARLTON
5.4 km
VICPROP ST ALBANS & SUNSHINE
10.5 km
McDonald Upton - ESSENDON
3.1 km
Barry Plant Inner City Group - Brunswick & Coburg
5.4 km
Woodards - Ascot Vale
0.8 km
Little Real Estate - HAWTHORN
13.8 km
Belle Property - Ascot Vale
0.7 km
Moonee Valley Real Estate - Avondale Heights
5.1 km
MATTHEWS. - MOONEE VALLEY
1.0 km
First National Avant - MELBOURNE
6.5 km
Pagan Real Estate - TRAVANCORE
2.4 km
Frank Dowling Real Estate - Essendon
3.0 km
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

1/187 Union Road is described with land size of 295 m²

Mixed‑use building Cybo
Which other tram stops are within walking distance?

Maribyrnong Rd/Union Rd (≈ 0.2 km) and Bloomfield Rd/Union Rd (≈ 0.3 km) are nearby tram stops

What business operates on the ground floor of 1/187 Union Road?

The ground floor is occupied by Ascot Vale Lotteries & Cards, a retail outlet of The Lott brand

Cybo.com
What are the opening hours for the retail shop at 187 Union Road?

The shop is open Monday to Sunday from 08:30 to 18:00

Cybo.com
How can I contact Ascot Vale Lotteries & Cards?

You can call (03) 9375 7222 or (03) 9370 6118

Cybo.com
Which tram stop is closest to 1/187 Union Road?

St Leonards Rd/Union Rd tram stop is adjacent to the property, about 0 metres away

What is the nearest post office to the property?

Ascot Vale Post Office is located approximately 0.1 km from the address

What other transport stop is close to the property?

Ferguson St/Maribyrnong Rd tram stop is about 0.3 km away

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