Yardize logo Yardize
Multi-unit Property

385 Mt Alexander Road

Ascot Vale VIC 3032, Australia

- Parking
501 m² Land size
Multi-unit Complex profile

About this property

yardizepropertyrecord
385 Mt Alexander Road is in Ascot Vale, VIC and is presented as a House. The address refers to a multi-unit development. Japanese izakaya restaurant operating on the ground floor since May 2025, offering dine‑in, take‑away and delivery via Uber Eats and DoorDash The estimated market value per unit is $741,000 and the estimated weekly rent per unit is $542 per week

Key details

Locality
Ascot Vale
State
VIC
Coordinates
37.774895 / 144.927791
GNAF PID
GAVIC410778910
Legal parcel ID
1\TP747558
Property type
House
Land size
501 m²
Unit land size
501 m² (estimate per unit)
Heritage overlay
None detected
Land Use Category
Residential

Properties in Ascot Vale

Address
Type
Beds
Baths
Parking
Land Size
Price
Unit 2, 385 Mt Alexander Road
Ascot Vale VIC 3032
House
-
-
-
-
-

Known units

Linked unit profiles for this multi-unit property.

1 known unit

Commercial property information

Nami Ascot Izakaya
Restaurant & bar
Food & Drink Restaurant
Verified at this address
Japanese restaurant and bar offering sushi, sashimi, tempura, yakitori, ramen and drinks.
Opening hours
Monday
Closed
Tuesday
5 PM – 9 PM
Wednesday
5 PM – 9 PM
Thursday
5 PM – 9 PM
Friday
5 PM – 9 PM
Saturday
5 PM – 9 PM
Sunday
5 PM – 9 PM
Observed facts
Opening date
1 May 2025
Email
infonamiascotizakaya@gmail.com

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent per unit
$542
Expected property value per unit
$741,000
Estimated yield
3.8%
Confidence
Medium

Based on the comparable property evidence currently available.

Property insights

Recorded sales and leasing agents

Recorded sale agency
Moonee Valley Real Estate – Avondale Heights
Recorded listing contacts
Moonee Valley Real Estate – Avondale Heights 03 9337 5066

Area insights

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Real Estate Agencies

Ordered by:
Nelson Alexander - Ascot Vale
1.0 km
Jellis Craig - Kensington
1.6 km
Jellis Craig - Moonee Valley
3.3 km
Barry Plant - Essendon
2.3 km
VICPROP - BRUNSWICK & RESERVOIR
3.8 km
Jas Stephens Real Estate
5.5 km
WHITEFOX Northside - CARLTON
4.5 km
VICPROP ST ALBANS & SUNSHINE
11.6 km
McDonald Upton - ESSENDON
3.6 km
Barry Plant Inner City Group - Brunswick & Coburg
4.7 km
Woodards - Ascot Vale
0.4 km
Little Real Estate - HAWTHORN
12.8 km
Belle Property - Ascot Vale
0.4 km
Moonee Valley Real Estate - Avondale Heights
6.1 km
MATTHEWS. - MOONEE VALLEY
0.9 km
First National Avant - MELBOURNE
5.7 km
Pagan Real Estate - TRAVANCORE
1.4 km
Frank Dowling Real Estate - Essendon
3.5 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Ascot Vale Primary School
0.1 km
Primary school | Government
Ascot Vale Heights School
0.5 km
Special school | Government
Mount Alexander 7-12 College
1.0 km
Secondary school | Government
St Brendan's School
1.1 km
Primary school | Catholic
Debney Meadows Primary School
1.4 km
Primary school | Government
Flemington Primary School
1.4 km
Primary school | Government
Moonee Ponds Primary School
1.4 km
Primary school | Government
St Mary's Primary School
1.5 km
Primary school | Catholic
Brunswick South West Primary School
1.5 km
Primary school | Government
Kensington Community High School
1.5 km
Secondary school | Government
Parkville College
1.5 km
Special school | Government
Ascot Vale West Primary School
1.6 km
Primary school | Government
St Monica's Primary School
1.7 km
Primary school | Independent
Lowther Hall Anglican Grammar School
2.1 km
Combined school | Independent
St Columba's College Ltd
2.2 km
Secondary school | Catholic
St Aloysius College
2.4 km
Secondary school | Independent
Brunswick Secondary College
2.4 km
Secondary school | Government
Sydney Road Community School
3.1 km
Secondary school | Government
Essendon Keilor College - Niddrie Campus
3.1 km
Secondary school | Government
Ave Maria College
3.3 km
Secondary school | Independent
* Approximate straight-line distances

Frequently asked questions

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate per unit is $741,000, the calculated weekly rent per unit is $542 per week, and the indicative gross yield is 3.8%

Ground‑floor commercial restaurant ( nami ascot izakaya) Nami Ascot Izakaya website
Which suburb is 385 Mt Alexander Road located in?

The address is situated in the suburb of Ascot Vale, Melbourne

En.wikipedia.org
Which tram stops are located near 385 Mt Alexander Road?

Nearby tram stops include Warrick St/Mt Alexander Rd, Maribyrnong Rd/Mt Alexander Rd, Middle St/Mt Alexander Rd, Ascot Vale Rd/Maribyrnong Rd (Moonee Ponds) and the Former ES&A Bank stop

What local government area administers the property?

The site falls under the City of Moonee Valley council

What kind of property is this?

385 Mt Alexander Road is listed as House in Ascot Vale, VIC

Ground‑floor commercial restaurant ( nami ascot izakaya) Nami Ascot Izakaya website
What features are highlighted?

Ground‑floor commercial restaurant (Nami Ascot Izakaya). Two residential apartments (Unit 1 and Unit 2), each 2‑bedroom, 1‑bathroom with a car space. Design & Development Overlay (DDO3) permits mixed‑use building: Allows ground‑floor shop and residential apartments above in a four‑storey building

Ground‑floor commercial restaurant ( nami ascot izakaya) Nami Ascot Izakaya website
What nearby amenities are mentioned?

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Ground‑floor commercial restaurant ( nami ascot izakaya) Nami Ascot Izakaya website
What nearby context is mentioned?

385 Mt Alexander Road is described with nearby context including Former ES&A Bank, Warrick St/Mt Alexander Rd (Ascot Vale), Maribyrnong Rd/Mt Alexander Rd (Ascot Vale)

Ground‑floor commercial restaurant ( nami ascot izakaya) Nami Ascot Izakaya website

Related profiles

Jump to the related profiles for 385 Mt Alexander Road, including the surrounding street and suburb pages.