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1147-1151 High Street
ARMADALE, VIC 3143

Property Type
Retail
Building Area
460m2
Land Area
425m2
Zoning
Commercial 1

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.

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Consultant

Chris Kombi

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

Chris James

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

Property Type
Retail
Building Area
460m2
Land Area
425m2
Zoning
Commercial 1