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Jellis Craig  - Stonnington

243 High Street Ashburton, VIC 3147

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243 High Street,
Ashburton, VIC 3147

Shops & Retail

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Jellis Craig  - Stonnington
Iain Carmichael

Jellis Craig - Stonnington

South Yarra 3141
ARMADALE, VIC 3143
Jellis Craig  - Stonnington
243 High Street
Ashburton, VIC 3147

Map of 243 High Street

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PRIME RETAIL VILLAGE FREEHOLD INVESTMENT

  • DAILY NEEDS RETAILER
  • HIGH PERFORMANCE NEIGHBOURHOOD STRIP
  • RECENTLY RENEWED LEASE
Emmetts in conjunction with Jellis Craig are pleased to present a prime retail freehold investment at 243 High Street Ashburton for sale by public auction on the 11th of November at 2:30pm.

Located in the prime trading section of high performance neighbourhood retail strip Ashburton Village, the property benefits from its proximity to daily needs retailers, including IGA, Top Shelf Grocer, Bakers Delight, Master Dry Cleaners, Terry White Pharmacy, The Corner Deli and Chicken Central.

Further investment considerations:

+ Abundant at grade open air free public car parking available, including directly behind the property.
+ Proximity to Ashburton Station.
+ Freehold land of 230 sq metres*
+ Recently renewed lease to longstanding business Ashburton Tatts and Stationary at an affordable rental rate.
+ Returning $64,000 plus outgoings plus GST, providing potential for sound future rental growth.
+ Dual street frontage with surplus land at rear.
+ Various future value-add and / or redevelopment opportunities (STPA) including activation of the car park frontage as an access point to separate upper level tenancies (STCA)

Please contact Emmetts or Jellis Craig for further details.

*Denotes approx.

Property ID: 503889554Last Updated: 16 Nov 2021

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Emmetts - Melbourne
21-27 Somerset Place
MELBOURNE, VIC 3000

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