Promising development opportunity with stunning city views
Convenient rear laneway access
Designated as Commercial 1 Zone
McGrath Estate Agents proudly presents an exclusive prospect: prime retail spaces with the potential for three-level mixed-use development (STCA) featuring both residential and commercial spaces, perfectly situated in the heart of Ashwood.
Positioned within the vibrant Mavron Street Retail Strip and nestled in the highly sought-after residential suburb of Ashwood, this exceptional opportunity offers the following key features:
- Prominent corner street frontage
- Zoned as Commercial 1, allowing versatile business opportunities
- Proximity to various shops, Ashwood Reserve, and the picturesque Gardiners Creek Trail
- Conveniently located just minutes away from Chadstone Shopping Centre, and a short walk to Jordanville train station
- Zoning permits enrolment into Ashwood High School and Parkhill Primary School
The size of Ashwood is approximately 2.6 square kilometres. It has 11 parks covering nearly 12.8% of total area. The population of Ashwood in 2016 was 6886 people. By 2021 the population was 7154 showing a population growth of 3.9% in the area during that time. The predominant age group in Ashwood is 30-39 years. Households in Ashwood are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashwood work in a professional occupation.In 2021, 60.40% of the homes in Ashwood were owner-occupied compared with 59.40% in 2016.
Ashwood has 3,732 properties. Over the last 5 years, Houses in Ashwood have seen a 15.44% increase in median value, while Units have seen a 25.25% increase. As at 31 December 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.