Phone enquiries - please call 1300 594 794 and quote property ID 37305.
This is your chance to secure a ready-to-go hospitality space in one of Ashgroves most high-profile neighbourhood centres. With a total area of 96m across two shops, this tenancy is ideal for an experienced restaurateur or entrepreneur ready to bring a fresh food and beverage concept to life.
Boasting a fully equipped kitchen, designated outdoor dining, and an exclusive-use toilet, the setup is primed for immediate use. Located opposite Dorrington Park and close to schools and local landmarks, the area attracts steady foot traffic and is surrounded by thriving businesses.
Property highlights:
* 96m combined area (Shops 4 & 5 48m each)
* Commercial-grade kitchen in place ready to operate
* Covered outdoor dining area for added customer appeal
* Exclusive-use bathroom for staff and patrons
* 4 shared car parks plus abundant off-street parking nearby
* Recently repainted building and brand-new bitumen to the rear carpark
* Surrounded by local favourites real estate office, interior design studio, beauty suites and caf
* Close proximity to Enchanted Forest playground, bike paths, primary & high schools, and military barracks
Zoned for Neighbourhood Centre use, the premises are ideal for a restaurant, boutique wine bar or caf. Lease terms from 2 up to 10 years are negotiable, with the potential for landlord-funded improvements by arrangement.
Located at 50 Frasers Road, Ashgrove, this property offers high visibility, strong local demographics, and a community feel the perfect recipe for your next venue.
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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 5,674 properties. Over the last 5 years, Houses in Ashgrove have seen a 88.61% increase in median value, while Units have seen a 123.82% increase. As at 31 December 2025:
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