245 High Street, Ashburton, VIC, 3147

Gross Waddell ICR is pleased to offer for sale by public auction 245 High Street, Ashburton.

This is an outstanding opportunity to acquire a tightly held ‘Ashburton Village’ investment comprising a two-level retail and residence positioned in the heart of the highly regarded Ashburton shopping precinct.

The property is securely leased to established local operator EatFish Fish & Chips at ground level, together with a well-appointed two-bedroom apartment positioned above.

Key Investment Highlights:

• $110,000 per annum total rental income

• 5-year lease term plus 5-year option

• 229 m² landholding with dual street frontages

• Large council car park directly adjoining the rear of the property

• Established retail tenancy to EatFish Fish & Chips plus separate two-bedroom apartment

• Prime position within the tightly held High Street shopping precinct

• Diversified income from retail and residential components

• Excellent exposure within one of Melbourne’s established and tightly held retail strips

The property benefits from its prominent High Street position, strong surrounding residential catchment and immediate access to the extensive council car parking at the rear.

With a secure lease structure, diversified income profile and a highly sought-after Ashburton Village location, 245 High Street represents an outstanding opportunity to secure a quality retail investment in one of Melbourne’s established suburban shopping precincts.

245 High Street, Ashburton is offered for sale via onsite Public Auction on Thursday 15 October 2026 at 12:00 noon.

For further information, please contact the exclusive selling agents:

Raoul Salter OAM | 0418 335 432

Alex Ham | 0410 545 226

*approx.

Remember to mention you found this property on CommercialReady