237-239 High Street,
Ashburton, VIC 3147
Shops & Retail • Development Sites & Land
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Sale - Auction Tue 14 May
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
237-239 High Street
Ashburton, VIC 3147
Map of 237-239 High Street
Train stations within 5 km of 237-239 High Street, Ashburton, VIC 3147 Distance Ashburton Station 280 m Alamein Station 592 m Burwood Station 1.3 km Darling Station 1.5 km Holmesglen Station 1.6 km POWERED BY HERE ©Tram stops within 5 km of 237-239 High Street, Ashburton, VIC 3147 Distance 54-Grandview Ave/Toorak Rd (Camberwell) 1.6 km 53-Lithgow St/Toorak Rd (Camberwell) 1.6 km 52-Summerhill Rd/Toorak Rd (Camberwell) 1.6 km 53-Highfield Rd/Toorak Rd (Camberwell) 1.7 km 55-Beryl St/Toorak Rd (Camberwell) 1.7 km POWERED BY HERE ©Bus stops within 5 km of 237-239 High Street, Ashburton, VIC 3147 Distance Highgate GR/High St (Ashburton) 126 m Munro Ave/High St (Ashburton) 210 m Ashburton Railway Station/High St (Ashburton) 213 m Morotai Ave/High St (Ashburton) 333 m Victory BVD/High St (Ashburton) 415 m POWERED BY HERE ©
POWERED BY HERE ©
Blue-Chip Metro Melbourne Freehold Investment
- Landholding of 457 sqm*
- Significant underlying land value
- Zoning: Commercial 1
Burgess Rawson is pleased to offer to the market 237-239 High Street, Ashburton VIC for sale via Portfolio Auction Investment 168.
The property has the following key investment highlights:
+ Fully leased investment, anchored by renewed retail leases to long term & established food tenants in Chicken Central and Anne’s Pantry plus two 1-bedroom apartments.
+ Chicken Central: A renowned fast-food chain in Melbourne, Chicken Central provides food delivery and dine-in options at four strategically located outlets.
+ Anne’s Pantry: Established in 1929, Anne’s Pantry specializes in dine-in experiences and large-scale catering, currently serving patrons at five Melbourne venues with another location set to open soon.
+ Landlord-favourable, set-and-forget net lease structures with tenants responsible for all usual outgoings excluding Land Tax.
+ Prominent double-fronted freehold building covering 457 sqm*, boasting substantial underlying land value.
+ Tenant funded, capital intensive retail fit-outs plus recently refurbished 1-bedroom apartments.
+ Exposure to High Street, a major metro Melbourne commuter road serviced by major arterials including Monash Freeway/City Link and Warrigal Road - over 22,000 vehicles passing the property daily**.
+ Important rear lane access and 4 on-site car parking spaces – additional abundance of free public car parking available directly behind the property.
+ Positioned within the heart of ‘Ashburton Village’, a high performing retail precinct servicing an affluent catchment of Melbourne’s highly sought after suburbs Glen Iris, Malvern East, Camberwell and Ashburton.
+ Rapidly growing catchment with a number of medium and high density apartment projects in proximity in different stages of planning and construction.
+ Excellent public transport amenity nearby including Ashburton Train Station within 200m*.
+ In close proximity to an array of national tenants, with IGA, Bakers Delight, Domino’s, F45, BFT, Snap Fitness and Shell Coles Express all within 200m*.
+ Ashburton: 10km* from CBD, affluent southeast Melbourne growth suburb with a median house price of $2,100,000***.
+ Net income: $160,328 pa* + GST
To be sold by Investment Portfolio Auction (unless sold prior):
10:30am AEST
Tuesday 14 May 2024
River Room, Crown Casino, Melbourne
*Approximately
**GapMaps
***Realestate.com.au
The property has the following key investment highlights:
+ Fully leased investment, anchored by renewed retail leases to long term & established food tenants in Chicken Central and Anne’s Pantry plus two 1-bedroom apartments.
+ Chicken Central: A renowned fast-food chain in Melbourne, Chicken Central provides food delivery and dine-in options at four strategically located outlets.
+ Anne’s Pantry: Established in 1929, Anne’s Pantry specializes in dine-in experiences and large-scale catering, currently serving patrons at five Melbourne venues with another location set to open soon.
+ Landlord-favourable, set-and-forget net lease structures with tenants responsible for all usual outgoings excluding Land Tax.
+ Prominent double-fronted freehold building covering 457 sqm*, boasting substantial underlying land value.
+ Tenant funded, capital intensive retail fit-outs plus recently refurbished 1-bedroom apartments.
+ Exposure to High Street, a major metro Melbourne commuter road serviced by major arterials including Monash Freeway/City Link and Warrigal Road - over 22,000 vehicles passing the property daily**.
+ Important rear lane access and 4 on-site car parking spaces – additional abundance of free public car parking available directly behind the property.
+ Positioned within the heart of ‘Ashburton Village’, a high performing retail precinct servicing an affluent catchment of Melbourne’s highly sought after suburbs Glen Iris, Malvern East, Camberwell and Ashburton.
+ Rapidly growing catchment with a number of medium and high density apartment projects in proximity in different stages of planning and construction.
+ Excellent public transport amenity nearby including Ashburton Train Station within 200m*.
+ In close proximity to an array of national tenants, with IGA, Bakers Delight, Domino’s, F45, BFT, Snap Fitness and Shell Coles Express all within 200m*.
+ Ashburton: 10km* from CBD, affluent southeast Melbourne growth suburb with a median house price of $2,100,000***.
+ Net income: $160,328 pa* + GST
To be sold by Investment Portfolio Auction (unless sold prior):
10:30am AEST
Tuesday 14 May 2024
River Room, Crown Casino, Melbourne
*Approximately
**GapMaps
***Realestate.com.au
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Property ID: 504568640Last Updated: 30 Apr 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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