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’s strongest performing retail strips with consistently low vacancy rates
• Well-proportioned site 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 July 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.