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1014 High Street, Armadale, VIC, 3143

2. Property Highlights

Flexible Freehold In Armadale’s Best Location
  • Favourable Short Lease Profile
  • Attractive 2 Storey Building
  • Absolute Blue Chip Retail Position

Fitzroys is delighted to offer 1014 High Street, Armadale for sale by Public Auction on Friday 25th August at 1pm on site.

Key highlights of this rare opportunity include:

- Located in the absolute prime trading section of one of Australia’s strongest performing lifestyle and retail precincts

- Attractive two-level retail building plus rear warehouse and onsite secure parking

- Well-proportioned site of 208sqm* with rear access off Clarendon Street

- Returning $128,684 per annum (as at 1/10/23) with opportunity for future rental uplift

- Highly versatile offering with lease expiring on 30 September 2024 with no further options

- Future opportunity to occupy, value add (stca) or negotiate a new lease with existing tenant

- Surrounded by prestigious high end international and Australian retailers including Mecca, Aesop, Dion Lee, Scanlan Theodore, Country Road and many more

- Unprecedented tenant demand in this section of High Street, Armadale close to Kooyong Road

- The shopping strip services Melbourne's most prestigious suburbs including Armadale, Toorak, South Yarra, Kooyong, Malvern and Prahran

- Tram stop at doorstep and only 150 metres* from Armadale train station

For further information or an inspection, please contact Fitzroys selling agents Chris Kombi or Lewis Waddell.

*approximately

Remember to mention you found this property on CommercialReady

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3. Property Location

1014 High Street, Armadale, VIC, 3143

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4. Due Diligence

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1014 High Street, Armadale, VIC, 3143 Armadale
Fitzroys
Fitzroys
Level 27, 360 Collins Street, Melbourne VIC 3000
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