Savills Australia & New Zealand is pleased to offer 73/150 Great Eastern Highway, Ascot for sale or lease. This ground floor, mixed-use strata property presents a unique opportunity to either acquire a high-exposure investment with upside or secure flexible lease space in a prominent location. The property offers a total net lettable area of 863.50 sqm, comprising: Restaurant (Leased): 417.50 sqm Function Space (Leased to Restaurant on a Monthly Periodic Basis): 332 sqm Office Area (Vacant): 114 sqm It also includes 34 designated on-title car bays, with convenient ground-level access. The restaurant is currently leased to Maroosh Restaurant, a reputable local operator, on a lease expiring 1 July 2029, returning $105,781 net per annum. The office is currently vacant and available for lease, while the function space is leased to a restaurant on a monthly periodic basis, with the option to lease it for an alternative use—presenting a value-add opportunity for both investors and occupiers. This presents an excellent opportunity for investors to acquire a partially leased asset with immediate income and scope to unlock further value through leasing the function and office spaces. For further details or to arrange an inspection, please contact Jackson Ferri at Savills Australia & New Zealand.
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