203A High Street, Ashburton, VIC 3147 | Property Value & History | OnTheHouse
 
OFF MARKET

203A High Street
Ashburton VIC 3147

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 158m2
Land area: 231m2
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Property Details for 203a High St, Ashburton

Building Type
Commercial
Floor Size
158m2
Land Size
231m2
Local Government
Boroondara
Lot/Plan
2/LP20273

Last Listing description (August 2009)

A WINNING TICKET!
GORMANKELLY IS PLEASED TO OFFER 203A HIGH STREET, ASHBURTON FOR SALE BY AUCTION.
THE PROPERTY OFFERS AN OUTSTANDING OPPORTUNITY TO ACQUIRE A PRIME RETAIL INVESTMENT UNDERPINNED BY A LEASE TO A PUBLIC COMPANY TENANT WHICH HAS BEEN IN OCCUPATION SINCE 1966 WITH DEVELOPMENT POTENTIAL. COMMERCIAL/RESIDENTIAL ROOF TOP DEVELOPMENT (STCA). TAB HAS BEEN IN OCCUPATION SINCE 1966 AND RECENTLY THE BUILDING HAS BEEN REFURBISHED AT THE TENANTS COST.

LAND AREA: 231M² APPROX
TOTAL BUILDING AREA: 158M² APPROX.
LESSEE: TABCORP
COMMENCED: 14TH APRIL 2009
EXPIRY: 14TH AUGUST 2012
OPTION: ONE (1) FURTHER TERM OF FIVE (5) YEARS
RENTAL: $55,000 PLUS GST PER ANNUM
OUTGOINGS: PAYABLE BY THE LESSEE (INCLUDING LAND TAX)
REVIEWS: CPI PER ANNUM, MARKET REVIEWS AT OPTION
SECURITY: PUBLIC COMPANY TENANT
203A HIGH STREET IS SITUATED ON THE NORTHERN SIDE OF HIGH STREET.
THE PROPERTY IS LOCATED WITHIN A SUCCESSFUL LOCAL SHOPPING PRECINCT NEAR ASHBURTON TRAIN STATION WHICH EXTENDS ALONG BOTH SIDES OF HIGH STREET. OTHER RETAILERS IN THE STRIP INCLUDE THE CHEESECAKE SHOP, JETSET, ANZ, NATIONAL, WESTPAC, BAKERS DELIGHT, FLIGHT CENTRE AND AUSTRALIA POST TO NAME A FEW.
THE PROPERTY ENJOYS EXCELLENT ACCESS TO MAJOR ARTERIALS INCLUDING THE MONASH FREEWAY, HIGH STREET AND WARRIGAL ROAD. BOTH ASHBURTON AND ALAMEIN TRAIN STATIONS ARE WITHIN WALKING DISTANCE AND THERE ARE EXTENSIVE BUS SERVICES WITHIN THE SURROUNDING AREA.

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Property History for 203a High St, Ashburton, VIC 3147

A timeline of how this property has performed in the market
Last Transferred
30 Nov 2024
  • 30 Nov 2024
    Transferred
  • 10 Nov 2009
    Sold for $1,345,000
  • 01 Jul 2009
    Listed for Sale Not Disclosed
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About Ashburton 3147

The size of Ashburton is approximately 3.0 square kilometres. It has 15 parks covering nearly 13.2% of total area. The population of Ashburton in 2016 was 7751 people. By 2021 the population was 7952 showing a population growth of 2.6% in the area during that time. The predominant age group in Ashburton is 40-49 years. Households in Ashburton are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashburton work in a professional occupation.In 2021, 72.90% of the homes in Ashburton were owner-occupied compared with 72.20% in 2016.

Ashburton has 3,996 properties. Over the last 5 years, Houses in Ashburton have seen a 8.06% increase in median value, while Units have seen a 10.92% increase. As at 28 February 2026:

  • The median value for Houses in Ashburton is $1,941,777 while the median value for Units is $1,279,373.
  • Houses have a median rent of $845 while Units have a median rent of $700.
There are currently 6 properties listed for sale, and no properties listed for rent in Ashburton on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Ashburton.

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