Phone enquiries - please call 1300 594 794 and quote property ID 39088.
An outstanding opportunity to secure a highly visible ground floor retail or food premises in a prominent position on busy Waterworks Road. Formerly operating as a Chinese restaurant, the property is well suited to a wide range of food, hospitality or retail users.
The tenancy offers excellent street presence with full-length glass frontage, strong natural light and existing food infrastructure already in place, reducing setup costs for incoming operators.
Key features include:
Approx. 135sqm ground floor retail/showroom space*
Additional ~135sqm walk-in fridge, freezer & grease trap area*
Further ~74sqm ancillary space*
Full-length glass frontage for maximum exposure
Prominent Waterworks Road position with strong passing traffic
5-metre exhaust canopy already installed
Previously approved and fitted as a restaurant
On-site car parking plus excellent street parking nearby
Easy access to public transport
This is a rare chance to secure a well-equipped, high-exposure premises in a tightly held location, ideal for food operators, caf concepts, takeaway, or adaptable retail uses.
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The size of Ashgrove is approximately 5.9 square kilometres. It has 33 parks covering nearly 17.2% of total area. The population of Ashgrove in 2016 was 13039 people. By 2021 the population was 13450 showing a population growth of 3.2% in the area during that time. The predominant age group in Ashgrove is 10-19 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashgrove work in a professional occupation.In 2021, 71.50% of the homes in Ashgrove were owner-occupied compared with 69.00% in 2016.
Ashgrove has 5,678 properties. Over the last 5 years, Houses in Ashgrove have seen a 70.01% increase in median value, while Units have seen a 120.41% increase. As at 31 March 2026:
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