188 High Street, Ashburton, VIC 3147

Retail | Development/Land | Offices


  • Property ID: 444111
  • Floor Area: 62m²
  • Land Area: 178m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 30/05/2024 62m2 178m2 Contact Agent
Vacant Freehold in Thriving Retail Strip - NO GST payable

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.

Ashburton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $12903 --- ---
Offices $12903 --- ---
This is the average advertised price, rent and yield for Ashburton, VIC 3147*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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