291 High Street,
Ashburton, VIC 3147

This is your chance to acquire a prime retail investment with development potential (STCA), situated in a prime trading position on the busy High Street retail shopping strip.

We believe the most outstanding aspects of this property include:
- Securely leased to a Government owned tenant
- 5+5+5 year Lease to Australia Post
- Rental income $41,200 net per annum plus GST & outgoings (as at 1.9.10)
- Building area: 102sqm approx
- Land area: 195sqm approx
- Zoned Business 2
- Rear access and onsite parking
- Potential for commercial/residential rooftop development (STCA)
- Fantastic location in a busy local strip near Ashburton train station surrounded by other national retailers including the Cheesecake shop, Jetset, ANZ, NAB, Westpac, Bakers Delight, Flight Centre and TAB to name a few.

291 High Street is located on the northern side of High Street between Welfare Parade to the west and Carool Road to the east and enjoys excellent access to major arterials including the Monash Freeway, High Street and Warrigal Road.