2 Yertchuk Ave 1,938 SF Retail Building Ashwood, VIC 3147 $752,870 ($388.58/SF) 4.21% Cap Rate

This rare Ashwood commercial freehold presents an outstanding opportunity for owner-occupiers, astute investors, or developers seeking flexibility and long-term potential. Occupying a prominent corner within a well-established local retail and commercial pocket, the property combines immediate usability with excellent future upside through approved concept drawings for redevelopment (STCA).
Featuring two partitioned offices, a reception/waiting area, a large storage section, and modern infrastructure including three-phase power and data connectivity, the property is well-equipped for a wide range of commercial applications. Ideal users include professional services, consultants, medical practitioners (STCA), and small businesses looking for a suburban foothold in Melbourne’s east.
Rear laneway access, ample street parking, and a strong catchment of residential and local businesses enhance its operational convenience. With prospects for a multi-level mixed-use development (STCA), the asset offers a secure strategy for long-term capital growth and income generation in a sought-after Monash location.