Expressions of Interest

1147-1151 High Street
ARMADALE, VIC 3143

Share
Property Description

Commanding Freehold In Blue Chip Location

Fitzroys is delighted to present For Sale by Expressions of Interest closing Wednesday 17 November, a quality land rich asset located at 1147-1151 High Street, Armadale

  • High profile property located within the heart of one of Melbourne‚Äôs strongest performing retail strips with consistently low vacancy rates
  • Generous land area of 425sqm* provides a range of future development outcomes
  • Expansive retail frontage of almost 14 metres
  • Valuable rear and side laneway access plus on-site parking
  • Building comprises ground floor retail showroom plus separate immaculate double storey 3 bedroom residence
  • Leased to long standing tenant Armadale Antique Centre (lease expiring 31 August 2022)
  • Returning $215,120 per annum plus GST
  • Surrounded by a plethora of high end retailers including Sportscraft, Scanlon Theodore, Zimmermann, Aesop, Mecca Cosmetics, Decujba, Seed, Gorman along with Woolworths and a host of notable cafes and restaurants
  • Directly in front of tram stop and a short walk to Armadale train station
  • High Street services an exclusive catchment of Melbourne most prestigious suburbs including Toorak, South Yarra, Armadale, Malvern and Prahran
  • This highly versatile property is suited to investors, owner occupiers and developers (stca)

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 17TH NOVEMBER AT 2pm

*approx.

ZoneCommercial 1
Back to property search
Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Chris James

M: 0421 779 714
E: jamesc@fitzroys.com.au

Enquire about property
Property Information

Property ID
131674

Price
Contact Agent

Building
430m2

Land
425m2