BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Ashburton Village Retail Freehold Investment leased to high-tr ading & popular tenant\nCBRE is pleased to offer for sale a prime Ashburt on Village freehold retail investment fully leased to Joe Frank café loca ted at 246 High Street\, Ashburton.\n\nThis high-quality retail freehold investment can be summarised by the following key points:\n\n+ A highly e xposed single-level freehold investment fully leased to local institution and popular café Joe Frank\, providing a strong hospitality offering wit hin the tightly held Ashburton retail precinct\n\n+ Underpinned by a stro ng 5+5+5 year net lease to Joe Frank with fixed 3% annual increases gener ating a net income of $58\,195 per annum + GST + outgoings\n\n+ Positione d on a valuable 209 square metre* Commercial 1 Zoned (C1Z) landholding wi th rare triple street frontage to High Street\, side roadway access\, and rear laneway as well as benefitting from outdoor seating permit\n\n+ Ben efitting from exceptional connectivity with immediate proximity to Ashbur ton Railway Station\, Anniversary Trail and high levels of foot traffic w ith surrounding public car parking\n\n+ A rare opportunity to secure a co rner freehold hospitality investment within one of Melbourne's popular ea stern suburbs retail strips at an attractive entry-level price point\n\n2 46 High Street\, Ashburton is offered For Sale via Public on-site Auction Thursday 25th June 2026 at 10:30am (AEST)\n\nTo obtain more information or arrange an inspection\, please contact the exclusive selling agents be low:\n\nJing Jun (JJ) Heng () \n+61 411 059 116 () \njj.heng@cbre.com () \njheng1206 () \n\nAlex Brierley \n+61 447 974 447 \nalex.brierley @cbre.com.au \n\nNathan Mufale \n+61 421 224 354 \nnathan.mufale@cbre. com.au \n\n*Denotes Approx. DTEND:20260625T113000 DTSTAMP:20260522T173355Z DTSTART:20260625T103000 LOCATION:246 High Street\, Ashburton VIC SEQUENCE:0 SUMMARY:Auction: 246 High Street\, Ashburton VIC UID:CRE-2020863975-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Ashburton Village Retail Freehold I nvestment leased to high-trading & popular tenant
CBRE is pleased t o offer for sale a prime Ashburton Village freehold retail investment ful ly leased to Joe Frank café located at 246 High Street\, Ashburton.

This high-quality retail freehold investment can be summarised by the following key points:

+ A highly exposed single-level f reehold investment fully leased to local institution and popular café Joe Frank\, providing a strong hospitality offering within the tightly held Ashburton retail precinct

+ Underpinned by a strong 5+5+5 ye ar net lease to Joe Frank with fixed 3% annual increases generating a net income of $58\,195 per annum + GST + outgoings

+ Positioned on a valuable 209 square metre* Commercial 1 Zoned (C1Z) landholding wit h rare triple street frontage to High Street\, side roadway access\, and rear laneway as well as benefitting from outdoor seating permit
+ Benefitting from exceptional connectivity with immediate proximity to Ashburton Railway Station\, Anniversary Trail and high levels of foot traffic with surrounding public car parking

+ A rare opportu nity to secure a corner freehold hospitality investment within one of Mel bourne's popular eastern suburbs retail strips at an attractive entry-lev el price point

246 High Street\, Ashburton is offered For Sa le via Public on-site Auction Thursday 25th June 2026 at 10:30am (AEST) < br/>
To obtain more information or arrange an inspection\, please contact the exclusive selling agents below:

Jing Jun (JJ) He ng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jhe ng1206 ()

Alex Brierley
+61 447 974 447
al ex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

*Denotes Approx.

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