188 High StreetAshburton VIC 3147
Property Details for 188 High St, Ashburton
Last Listing description (May 2024)
RWC Oakleigh proudly presents 188 High Street, Ashburton which is being offered via a public on-site and online Auction scheduled for Thursday 30th May 2024 at 11:00 am.
Offered for the first time in 32 years, this fantastically well located property offers you the rare opportunity to occupy, invest or develop (STCA) in the heart of one of Melbourne's best known and tightly held retail strips. Being offered with vacant possession, the property is nestled in the heart of the bustling High Street shopping precinct and is surrounded by some of Melbourne's premier eateries and retail establishments.
Forget about frustratingly long leases - this property is yours to occupy and for your business to benefit from the exposure to 22,000^ daily passing vehicles. Alternatively put your own touch on it by redeveloping (STCA) and profit from the amazing rental return your tenant can provide you.
It's been over 3 decades since the property last changed hands so don't let this opportunity slip through your fingers. Act now to make Lucky 188 the cornerstone of your retail success story!
Online Auction Registration Link: https://anywhereauctions.com.au/app/property?propertyId=42433
? First time offered in over 32 years
? Vacant Possession | NO GST payable
? Total land area | 178m2*
? Total building area | 62m2*
? Huge scope for redevelopment (STCA)
? Located in a thriving and prominent retail strip
? High Exposure with over 22,000 vehicles passing daily^
? Rear access via R.O.W
? Surrounded by an abundance of council parking
? Complimented by nationally recognised operators
? Only 250m* from Ashburton Station
? Commercial 1 Zone (C1Z)
For further information and to obtain a copy of the contract or information memorandum, please contact one of the exclusive marketing agents below:
Theo Karkanis | 0431 391 035
Anthony Anastopoulos | 0488 095 057
George Ganavas | 0478 634 562
^ GapMaps
*All areas and figures approximates 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.
Property History for 188 High St, Ashburton, VIC 3147
- 30 May 2024Sold for $980,000
- 01 May 2024Listed for Sale Sold
- 08 Feb 2024Listed for Rent - Price not available
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About Ashburton 3147
The size of Ashburton is approximately 3 square kilometres. It has 15 parks covering nearly 13.2% of total area. The population of Ashburton in 2011 was 7,585 people. By 2016 the population was 7,739 showing a population growth of 2.0% 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 2011, 69.7% of the homes in Ashburton were owner-occupied compared with 72.2% in 2016.
Ashburton has 3,745 properties. Over the last 5 years, Houses in Ashburton have seen a 21.23% increase in median value, while Units have seen a 20.24% increase. As at 31 October 2024:
- The median value for Houses in Ashburton is $1,984,745 while the median value for Units is $1,284,159.
- Houses have a median rent of $795 while Units have a median rent of $800.
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