256 High Street , Ashburton

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Gross Waddell ICR is pleased this tasty retail investment located in the high performance neighbourhood retail strip Ashburton Village, as part of the ‘Signature Auction Portfolio’.


• Positioned on the southern side of High Street and within Ashburton’s tightly held Ashburton Shopping Village only metres from the Ashburton Train Station

• Securely leased for 5-years (comm. June 21), plus a further option of 5 years

• Leased to Monster Pizza – an established local restaurant operator

• Net income of $63,874 per annum* with fixed 5% annual increases

• Exceptional 230 sqm* landholding with a favourable Commercial 1 Zone (C1Z) and a right of way at the rear

• Dual street frontage with surplus land at rear

• Surrounded by an array of established local and national retailers and food operators

• Located within the affluent eastern suburb of Ashburton which boasts a median house price of $2,220,000 (source REIV)

The property is to be sold via Public Auction as part of the ‘Signature Auction Portfolio’ and held at Leonda by the Yarra from 11 am on Thursday the 7th of April 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.


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Level 1, 30 Collins Street
Melbourne VIC 3000