GrayJohnson is pleased to bring to auction this outstanding retail property enjoying a prominent position in the heart of Ashburton’s bustling shopping village. Formerly a Westpac bank this property is currently occupied by the Ashburton Eye Clinic. It offers solid investment returns, with a new 3 + 3-year lease commenced in July 2025.

The property is a high-quality single-level building of some 215 sqm*, fully heated and air-conditioned, with modern kitchen and bathroom facilities. It has a frontage of 6.3 metres* to busy High Street and its position at the pedestrian traffic lights provides significant foot traffic past the door. A laneway at the rear gives access to four off-street parking spots.

Key features
• Building area 215 sqm*on land area 231 sqm*
• Heated and air-conditioned throughout
• Modern kitchen and bathroom facilities
• Rear off-street parking for 3 cars
• Lease 3 + 3 years commencing 1 July 2025
• Annual Income $70,434 pa net plus GST
• Zoned Commercial 1

The Ashburton Village shopping centre serves a well-educated local population characterised by a preponderance of families with significantly higher-than-average household incomes. It enjoys a thriving local trade, with more than 130 stores across food, retail, beauty, health and professional services. This property is conveniently located just steps from the Ashburton Railway station. A bus route along High Street connects to the Glen Iris station and tramline, and the Monash motorway (M1) is just a few minutes away.

Location
• Heart of bustling Ashburton Village
• Close to shopping, cafés and services
• 240 m to Ashburton station
• 2 km to Monash motorway