227 High Street, Ashburton, VIC 3147 | Property Value & History | OnTheHouse
 
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227 High Street
Ashburton VIC 3147

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 75m2
Land area: 219m2
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Property Details for 227 High St, Ashburton

Building Type
Commercial
Floor Size
75m2
Land Size
219m2
Local Government
Boroondara
Lot/Plan
1/TP632544

Last Listing description (May 2021)

Emmetts is pleased to present for sale a prime retail village freehold investment, leased to highly successful daily needs grocery business "Top Shelf".

Investment considerations include:

High Street is a high-performance neighbourhood village retail strip, providing daily needs retail amenity to the affluent suburb of Ashburton.

Limited alternate competing retail amenity in the suburb.

The property is positioned in the prime position in the strip surrounded by daily needs retailers.

Abundant at-grade public car parking surrounding the strip including directly behind the property.

Irreplaceable freehold land of 219 sq m*

Two-storey building comprising ground floor retail shop plus first floor dwelling.

6 metre* frontage to High Street with return frontage to large public car park.

Securely leased to successful premium daily needs grocery business "Top Shelf".

Current rent $86,528 pa plus GST & outgoings.

High quality fit out completed by tenant.

Future value-add potential with surplus land at rear.

The property is offered for sale by Expressions of Interest closing 3rd December 2020 at 3pm.

* denotes approx.

For further information on this sale, contact the exclusive selling agents.

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Property History for 227 High St, Ashburton, VIC 3147

A timeline of how this property has performed in the market
Last Sold
$2,350,000
10 May 2021
Listed for Rent
26 Nov 2018
  • 10 May 2021
    Sold for $2,350,000
  • 02 Nov 2020
    Listed for Sale Contact Agent
  • 05 Sep 2018
    Listed for Rent - Price not available
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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 3,982 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:

  • The median value for Houses in Ashburton is $1,934,950 while the median value for Units is $1,303,904.
  • Houses have a median rent of $830 while Units have a median rent of $680.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Ashburton on OnTheHouse. According to Cotality's data, 154 properties were sold in the past 12 months in Ashburton.

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