194 High Street,
Ashburton, VIC 3147

Affordable Investment with Upside

First time in over 50 years that this blue chip corner double storey retail shop has been offered for sale. The current tenant has been occupying the property for over 25 years. An extremely rare offering that is ideally suitable for the astute investor or an owner occupier hoping to cement their position in arguably the best location in this prestigious retail precinct with all major banks, national and multinational retailers represented.
Details as follows
* Rental $50,400 per annum (market review 2012)
* Building Area 168 sqm
* Business 1 Zone
* Lease exp 1st July 2012 only one option of 4 years
* Scope for Redevelopment (STPA)
A VERY RARE OFFERING IN A HIGHLY REGARDED RETAIL PRECINCT.