About this commercial property
242B Union Road is in Ascot Vale, VIC and is presented as a House with land size of 400 m². Ground‑floor 131 m² shop leased to an unnamed commercial tenant The estimated weekly rent is $600 per week
Commercial Property
242B Union Road
Ascot Vale VIC 3032, Australia
-
Parking
400 m²
Land size
-
Internal area
Key details
- Locality
- Ascot Vale
- State
- VIC
- Coordinates
Latitude and longitude for the mapped property location.
- 37.77233899 / 144.91628484
- GNAF PID
A unique ID for this address in Australia's national address database.
- GAVIC410783531
- Remoteness area
- Metro
- Property type
- Commercial
- Land size
- 400 m²
- Internal area
- -
- Heritage overlay
- HO26 – Heritage protection
- Zoning
- Commercial Zone 1 (ground‑floor shop); residential component permitted under mixed‑use development
- Land Use Category
What the land is mainly used for, such as Residential, Commercial, Industrial or Other.
- Commercial
Commercial property information
Leased ground‑floor shop occupying 242 Union Road, part of the same mixed‑use building as unit 242B.
131 m² shop with large Union Road frontage, partitioned rear offices, kitchenette, staff amenities, and heating/cooling. Exposure to tram routes 57/82 and nearby Woolworths Metro.
Observed facts
Market estimates
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
High confidence
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
Medium confidence
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
Low confidence
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Expected weekly rent
$600
Confidence
Medium
Based on the comparable property evidence currently available.
Property insights
Property Features
- Two good‑size bedrooms Nelsonalexander.com.au
- Modern bathroom with shower‑over‑bath
- Small study and internal laundry
- No dedicated parking – excellent public‑transport access
- Open‑plan lounge/dining, carpeted, bright and efficient
- Large frontage, partitioned offices, kitchenette & staff amenities, heating & cooling
- Excellent public‑transport access: Tram stop 55 m, bus stop 506 m, Ascot Vale train station 588 m
- Rear space easily convertible to a dwelling (STCA)
Building profile
- Ground‑floor 131 m² shop leased to an unnamed commercial tenant Bathrooms Nelson Alexander – 242B Union Road page
- Subdivision activity: | 6 | ’s Building Profile for 242 Union Rd shows Apartment 4/242 (1 bed / 1 bath) sold in July 2024 for $250,000 – demonstrating that the building is subdivided into multiple apartments, of which 242B is another unit. | – Building Profile (P1) |
Recorded sales and leasing agents
- Recorded sale agency
- Nelson Alexander Nelson alexander – 242 b union road page
Area insights
The surrounding precinct places civic services within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic
- Maribyrnong Rd/Union Rd tram stop tram stop on Union Road; 0.0 km away
- St Leonards Rd/Union Rd tram stop tram stop nearby; 0.2 km away
- Ferguson St/Maribyrnong Rd tram stop tram stop close to the property; 0.3 km away
- Moore St/Maribyrnong Rd tram stop tram stop within walking distance; 0.4 km away
- Maribyrnong Rd/Union Rd (Ascot Vale) tram stop in Melbourne, Australia; 0 km away
Real Estate Agencies
Ordered by:
Popularity is a formula combining local activity, sales speed, and rental speed signals.
Professionals - Taylors Lakes
12.9 km
* Approximate straight-line distances
Frequently asked questions
How many bathrooms are in the unit?
There is one modern bathroom that includes a shower‑over‑bath
Nelsonalexander.com.auHow many bedrooms does 242B Union Road have?
The apartment has two good‑size bedrooms
Nelsonalexander.com.auIs there any dedicated parking for the unit?
No dedicated parking is provided; the description emphasizes that a car is not required
Nelsonalexander.com.auWhat is the nearest tram stop to the property?
The Maribyrnong Rd/Union Rd tram stop is located directly on Union Road, essentially next to the property
What public‑transport options serve Ascot Vale?
Ascot Vale is served by tram routes 57 and 82 along Union Road, multiple bus routes, and the Ascot Vale railway station on the Craigieburn line
En.wikipedia.orgWhat kind of property is this?
242B Union Road is listed as House in Ascot Vale, VIC
Bathrooms Nelson Alexander – 242B Union Road pageHow many bedrooms, bathrooms, parking spaces, or other key details are listed?
242B Union Road is described with land size of 400 m²
Bathrooms Nelson Alexander – 242B Union Road pageWhat Calculated market estimate or Estimated weekly rent is available?
The calculated weekly rent is $600 per week
Bathrooms Nelson Alexander – 242B Union Road pageRelated profiles
Jump to the related profiles for this address.