Ray White Commercial Oakleigh is delighted to present to market for the first time in over 20 years a fabulous corner position piece of commercial real estate for sale Auction on Friday 22nd January 2021 @ 2.00pm.
This is a fantastic opportunity to acquire what we feel is an absolute must for any astute investor, developer or owner occupier. This exceptional offering, comprising of a vacant retail / office space (fronting High Street Road) in an established retail precinct. Holmesglen Reserve, Gardiners Creek, Riversdale Golf Club and Ashwood High School are all close by.
The building itself is 150m2* and is ready to occupy or lease immediately, the property is strategically located within the South-East corridor of Metropolitan Melbourne accessible via Warrigal Road, Huntingdale Road and the Monash Freeway (M1) being only a few minutes drive.
Property Features:
• Total land area | 274sqm*
• Combined building area | 150sqm*
• Includes Retail are | 50sqm* (Commercial fixtures and Chattels to remain)
• Offering great exposure to busy High Street Road
• Huge Development Upside (STCA)
• Zoning: Commercial 1
• R.O.W. at rear
• Vacant possession
• Outstanding opportunity for an owner occupier or developer
• First time offered in 20 Years!
• Commercial 1 Zone (C1Z)
Inspections By Appointment:
George Kelepouris | 0425 798 677
Theo Karkanis | 0431 391 035
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
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 3,981 properties. Over the last 5 years, Houses in Ashburton have seen a 10.28% increase in median value, while Units have seen a 17.48% increase. As at 31 December 2025:
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