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216 High St 1,539 SF Retail Building Ashburton, VIC 3147 For Sale
Investment Highlights
- Outstanding retail investment in a premium inner-eastern suburb with sustained demand.
- New 3-year lease in place—secure, dependable income of approx. $65,000 net p.a. + GST.
- Positioned in the heart of Ashburton Village, supported by quality national and local retailers, driving consistent foot traffic.
- Building area of 143 m² across a well-configured, functional floor plate.
- Located within a tightly held retail strip, ensuring limited future supply and strong yield performance.
Executive Summary
GormanKelly proudly presents 216 High Street, Ashburton for sale—an exceptional retail investment opportunity located within one of Melbourne’s most tightly held and thriving suburban shopping villages.
This fully leased freehold property is anchored by a strong, long-standing tenant under a new 3-year lease, providing immediate income security and low-maintenance ownership. Surrounded by national and specialty retailers, the property benefits from consistent high pedestrian volumes and excellent customer amenity, supported by ample nearby parking and comprehensive public transport links.
Positioned within a highly desirable Commercial 1 Zone (C1Z), 216 High Street offers superior investment fundamentals, including enduring locality appeal, strong tenancy covenants, and future value-add potential within the heart of this established retail destination.
This fully leased freehold property is anchored by a strong, long-standing tenant under a new 3-year lease, providing immediate income security and low-maintenance ownership. Surrounded by national and specialty retailers, the property benefits from consistent high pedestrian volumes and excellent customer amenity, supported by ample nearby parking and comprehensive public transport links.
Positioned within a highly desirable Commercial 1 Zone (C1Z), 216 High Street offers superior investment fundamentals, including enduring locality appeal, strong tenancy covenants, and future value-add potential within the heart of this established retail destination.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,539 SF
Building Class
C
NOI
$45,516
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.04 AC
Amenities
- Signage
- Air Conditioning
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216 High St
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