Gross Waddell ICR is pleased to offer for sale this outstanding commercial freehold positioned in the heart of one of Melbourne’s most sought-after retail strips – High Street, Armadale.
Prominently positioned and offered with long term leases to stable tenants, this rare offering presents an ideal investment opportunity with long-term upside in a tightly held location.
Key property features:
• Substantial land area: 322 sqm* of Commercial 1 zoned land
• Building area: 431 sqm* across two levels
• Architecturally designed building, and shortlisted by Dezeen for best interior spaces
• Long term leases with stable tenants:
- Endota Spa – nationally recognised wellness and beauty brand
- Small Wins Cafe – established local hospitality operator
• Strong rental return totalling $234,000* p.a. with future potential for rental uplift or redevelopment (STCA)
• Situated within Melbourne’s premier lifestyle and retail precinct. High Street, Armadale is renowned for its high-end boutiques, cafes, wellness studios, and professional services
• Strong surrounding demographics with consistent foot traffic and customer spending power
• Rare opportunity to acquire a freehold in one of Melbourne’s most tightly held and high-performing retail precincts
1203-1205 High Street, Armadale is offered For Sale via Onsite Public Auction on Wednesday 12th November 2025 at 1:00pm (AEDT).
For more information or to arrange an inspection, please contact Gross Waddell ICR directly.
*approx.
Remember to mention you found this property on CommercialReady
Gross Waddell ICR is pleased to offer for sale this outstanding commercial freehold positioned in the heart of one of Melbourne’s most sought-after retail strips – High Street, Armadale.
Prominently positioned and offered with long term leases to stable tenants, this rare offering presents an ideal investment opportunity with long-term upside in a tightly held location.
Key property features:
• Substantial land area: 322 sqm* of Commercial 1 zoned land
• Building area: 431 sqm* across two levels
• Architecturally designed building, and shortlisted by Dezeen for best interior spaces
• Long term leases with stable tenants:
- Endota Spa – nationally recognised wellness and beauty brand
- Small Wins Cafe – established local hospitality operator
• Strong rental return totalling $234,000* p.a. with future potential for rental uplift or redevelopment (STCA)
• Situated within Melbourne’s premier lifestyle and retail precinct. High Street, Armadale is renowned for its high-end boutiques, cafes, wellness studios, and professional services
• Strong surrounding demographics with consistent foot traffic and customer spending power
• Rare opportunity to acquire a freehold in one of Melbourne’s most tightly held and high-performing retail precincts
1203-1205 High Street, Armadale is offered For Sale via Onsite Public Auction on Wednesday 12th November 2025 at 1:00pm (AEDT).
For more information or to arrange an inspection, please contact Gross Waddell ICR directly.
*approx.
Remember to mention you found this property on CommercialReady