1123 High Street
ARMADALE, VIC 3143

Classy High Street Investment

- Centrally positioned within one of Melbourne most valuable and in demand shopping precincts
•  Beautifully presented building of 170sqm approx
•  Land Area of 225sqm approx.
•  Excellent rear access via wide right of way from Huntingtower Rd
•  Garaged on site parking at rear
•  3 + 3 year lease to long established tenant, Eternal Bridal
•  Returning $79,040 per annum (as at 1/11/19) plus outgoings and GST
•  Opportunity for future rental uplift
•  Commercial 1 Zone
•  Significant further development potential (stca) with concept plans prepared for a 4 Level mixed use building encompassing shop and 6 apartments
•  Located within the prime trading section of High Street between Kooyong Road and Glenferrie Road
•  Surrounded by a number of Australia’s leading retailers including Scanlan Theodore, Mecca, Aesop, Seed, Midas, Sheridan, Zimmermann, Gorman, Sportcraft and Woolworths Supermarket - to name a few
•  Brilliant investment opportunity with strong future upside positioned within proven retail precinct