Share this property

realcommercial.com.au

3 Cleveland Road Ashwood, VIC 3147

Directions

3 Cleveland Road,
Ashwood, VIC 3147

Shops & Retail

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 3 Cleveland Road

Directions

Golden Opportunity in The Heart of Ashwood

3 Cleveland Road represents an outstanding opportunity for investors or owner-occupiers seeking a property with established income and growth potential. This dual-tenancy property features a popular café that serves as a community staple, drawing steady foot traffic, and a long-established automotive repair business catering to a loyal client base. Together, these tenants generate a robust and consistent income stream, ensuring stability for future owners.

The property benefits from its prime position in Ashwood, a rapidly growing suburb known for its mix of residential and commercial developments. Located on a highly visible street, it is surrounded by an array of complementary businesses and amenities, including retail outlets, schools, and parks, making it a key hub for the local community. Easy access to major roads and public transport ensures convenience for both tenants and customers, further enhancing its desirability.

With flexible zoning that accommodates a wide range of uses, this property offers significant potential for redevelopment or enhancement in line with the suburb's ongoing transformation. Its proximity to key commercial and residential projects adds further value, positioning it as a strategic asset for long-term capital growth. The combination of stable rental returns, a high-profile location, and scope for future development makes this property an excellent choice for astute investors or business operators looking to establish themselves in a flourishing area.

This is more than a property-it's a cornerstone of Ashwood's evolving commercial landscape, offering unparalleled potential and security in one of Melbourne's most dynamic suburban markets. Don't miss the chance to secure a property with enduring appeal and exceptional upside.

Ashwood, 3147 demographic data

Ashwood and Greater Melbourne have similar median household incomes, at $1,909. Ashwood has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 50% of property owners in Ashwood have a mortgage.

7,154
Population
$1,909 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
realcommercial.com.au logo
3 Cleveland Road
Ashwood, VIC 3147

More properties from JRW Property International - Glen Waverley

Other properties you might be interested in based on the location and property type you are looking at.