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Property Description

JLL Retail Investments and Stonebridge Property Group are pleased to offer for sale Woolworths Ascot Vale. A brand new Woolworths supermarket, supported by 3 lifestyle tenants on the doorstep of the Melbourne CBD. 


Woolworths Ascot Vale is a newly constructed Woolworths Metro Supermarket supported by three (3) specialty stores. The supermarket is located on the ground floor of PACE of Ascot Vale, a high-end mixed-use development including 75 apartment and 4 townhouses.


Situated on the prominent corner of Mt Alexander Road and North Street, Woolworths Ascot Vale is positioned less than 5km from the Melbourne CBD.


Woolworths Ascot Vale is for sale by Expressions of Interest closing 4.00pm (AEST) Thursday 3rd June 2021

Investment Highlights

Investment Highlights


  • 12-year lease to Woolworths Group Ltd commenced November 2020


  • Brand New 1,894sqm Woolworths Metro Supermarket


  • Supported by 3 lifestyle tenants


  • High profile corner location, with 88.20m frontage to Mt Alexander Road


  • Affluent inner-city location, less than 5km from Melbourne CBD


  • Convenient basement car parking for 64 cars (on title) with ample public car parking options in immediate vicinity


  • Newly constructed, providing significant depreciation benefits

Woolworths Ascot Vale is for sale by Expressions of Interest closing 4.00pm (AEST) Thursday 3rd June 2021

Last Updated Date: 06 May 2021
Stuart Taylor
Senior Director - Retail Investments VIC
Tom Noonan
Director, Retail Investments

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Last Updated Date: 06 May 2021

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