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Commercial Property

70 High Street Road

Ashwood VIC 3147, Australia

- Parking
2676 m² Land size
852 m² Internal area
$9,100,000 Last sale (2017)

About this commercial property

70 High Street Road in Ashwood, VIC is a mixed‑use parcel comprising a residential house and a commercial child‑care centre operated by G8 Education. The site sits on a 2,676 m² block and the child‑care operation holds 143 licensed places, delivering a stable net rental income of $486,218 per year under long‑term leases that commenced in 2009.

Located on High Street Road, the property benefits from close proximity to major transport routes, including a bus stop on Queens Parade/High Street Road and nearby railway stations serving the suburb

Key details

Locality
Ashwood
State
VIC
Coordinates
37.866438 / 145.09705
GNAF PID
GAVIC410787226
Legal parcel ID
1\TP188518
Property type
Commercial
Land size
2676 m²
Internal area
852 m²
Mobile coverage
5G
Land Use Category
Commercial

Commercial property information

Baby College Ashwood
Childcare centre
Education Childcare
Verified at this address

Child‑care centre confirmed at 66‑70 High Street Rd.

Provides early childhood education and care for up to 143 children.
Opening hours
Monday
7:00-18:30
Tuesday
7:00-18:30
Wednesday
7:00-18:30
Thursday
7:00-18:30
Friday
7:00-18:30
Typical price
$155 per child (daily rate)
Reviews

Average rating 5 from over 10 reviews.

Observed facts
Licensed capacity
143 places
Lease structure
15‑year, 10‑year, 10‑year leases started 2009

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$752
Expected property value
$6,275,000
Estimated yield
0.62%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
19 Apr 2017
$9,100,000$3,400
Sale
19 Apr 2017
Commercial sale, price not disclosed
Sale
1 Jun 2007
Contracted 16 Jun 2007. Commercial sale
$1,808,000$675

Price per m² based on land size of 2676 m².

Property insights

Building profile

  • Operates Baby College Ashwood child‑care centre on the site with 143 licensed places, generating $486,218 annual net rent under long‑term leases (15‑year, 10‑year, 10‑year) that began in 2009 Auction held (price undisclosed) Aussie Baby college ashwood lease structure Realcommercial
  • Subdivision activity: Mixed‑Use Nature: The evidence shows a residential dwelling (70 High Street Road) and a commercial child‑care centre (66‑70 High Street Road) occupying the same 2 676 m² parcel. Potential investors or buyers must verify the exact subdivision and title arrangements (i.e., whether the house is a separate title or part of the commercial leasehold)

Property Features

  • Long‑term leases (15‑year, 10‑year, 10‑year) with G8 Education Auction held (price undisclosed) Aussie
  • Mixed‑use property with residential house and child‑care centre
  • Stable commercial income $486,218 pa from child‑care tenant

Recorded sales and leasing agents

Recorded sale agency (2017 sale)
Savills – Melbourne recorded for the 2017 sale Realcommercial
Recorded listing contacts
Julian Heatherich 0412 995… Benson Zhou 0458 488…

Real Estate Agencies

Ordered by:
Area Specialist - Victoria
Jellis Craig - Fitzroy
Buxton - Ashburton
CHN Real Estate Group
Fletchers - Canterbury
Barry Plant Waverley
Harcourts Settle
CAN Estate Agents - WEST MELBOURNE
Fitch Partners - GLEN IRIS
Belle Property - Mount Waverley
BYD Real Estate - Springvale
Garvey & Company Real Estate - Camberwell
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

70 High Street Road is described with land size of 2,676 m², internal area of 852 m²

Auction held (price undisclosed) Aussie
What is the population of the Ashwood suburb?

Ashwood recorded a population of 7,154 at the 2021 census

En.wikipedia.org
Which railway station is closest to 70 High Street Road?

Alamein railway station is the nearest, located about 1.5 km to the south of the property

Which post office is nearest to the property?

Ashburton Post Office is the closest, approximately 1.6 km from the site

Which police station is nearest to the property?

Ashburton Police Station is the nearest, about 1.6 km away

What kind of property is this?

70 High Street Road is listed as Commercial in Ashwood, VIC

Auction held (price undisclosed) Aussie
What asking price or listing price is shown?

70 High Street Road includes Sold for $9,100,000 on 19 Apr 2017

Auction held (price undisclosed) Aussie
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $6,275,000, the calculated weekly rent is $752 per week, and the indicative gross yield is 0.62%

Auction held (price undisclosed) Aussie

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