297A High St Street Ashburton VIC 3147
Key Investment Highlights
• Leased to Australia Post (government-backed national tenant)
• Net income: $51,500 per annum + outgoings + GST
• Rental increase to $53,045 from September 2027
• Fixed 3% annual rental increases
• Lease extension secured with further 2 year options
• Longstanding Australia Post occupancy history of 12+ years
• 200m* to Ashburton Station
• Commercial 1 Zoning with future upside (STCA)
297A High Street, Ashburton presents a tightly held investment opportunity combining secure income, structured lease continuity, and long-term upside in a proven inner-east location.
Securely leased to Australia Post, a government-backed national tenant with a longstanding occupancy history of 12+ years, the property offers a stable and defensive income profile supported by an essential service use.
The asset currently returns $51,500 per annum net plus outgoings and GST, increasing to $53,045 from September 2027, with fixed 3% annual increases providing ongoing rental growth.
A Deed of Variation has been executed, providing further 2 year options, securing lease continuity and delivering clear forward income visibility for investors.
Positioned within an established retail strip just 200 metres from Ashburton Station, the property benefits from strong local amenity and consistent foot traffic. Located within a designated Train and Tram Activity Centre and zoned Commercial 1, the asset also offers future flexibility and long-term upside (STCA).
A secure, set-and-forget investment offering both immediate income and structured long-term growth.