Gorman Allard Shelton is pleased to offer 299 High Street, Ashburton for private sale.
The property presents a rare opportunity to acquire this quality two-level freehold with two income streams and strong leases in place.
Key benefits of this opportunity include:
* Rental: $121,754 pa plus GST and outgoings
* New five (5) year lease to ground floor tenant, "Choices Flooring", a national brand with over 140 stores throughout Australia & New Zealand
* Building area: 380 sqm (approx.)
* Land area: 238 sqm (approx.)
* Wide rear R.O.W access
* Abutting rear council car park and metres from Ashburton Train Station
Situated within one of Melbourne's best suburban retail shopping villages, the property is surrounded by lifestyle amenity, an abundance of council and customer car parking, as well as being metres from Ashburton Train Station and major arterial routes.
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 3,980 properties. Over the last 5 years, Houses in Ashburton have seen a 11.96% increase in median value, while Units have seen a 15.25% increase. As at 31 January 2026:
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