Cushman & Wakefield and Knight Frank are proud to present for sale 863 High Street, Armadale, a rare freehold commercial asset in one of Melbourne’s most prestigious suburbs.
• Premium High Street address in Melbourne’s premier retail and lifestyle precinct
• Modern 5-level building providing 3,203sqm* of Net Lettable Area.
• Ground floor boutique gym tenancy and expansive office floorplates on the upper levels with several featuring large balconies with views of the Melbourne CBD and beyond.
• Secure basement parking for 62 cars.
• Benefitting from already being strata subdivided.
• 100% occupancy with a strong tenant profile.
• Secure income stream with a Net Passing Income of $1,809,117* per annum.
• Substantial 950sqm*(C1Z) landholding, with significant 30.22 metre frontage to High Street.
• Unmatched connectivity just 200 metres* from Armadale Station and serviced by multiple tram routes
• Surrounded by elite amenity including designer boutiques, high-end dining, and luxury residential offerings
• Strategic landholding with significant long-term upside
For Sale by International Expressions of Interest closing Thursday 13 November at 12pm (AEDT).
To arrange an inspection or for further information, please contact the exclusive selling agents:
Cushman & Wakefield
Oliver Hay | +61 419 528 540
Daniel Wolman | +61 412 957 839
Leon Ma | +61 417 070 725
Knight Frank
Trent Preece | +61 400 504 300
Tom Ryan | +61 419 786 244
*Approx
Remember to mention you found this property on CommercialReady
Cushman & Wakefield and Knight Frank are proud to present for sale 863 High Street, Armadale, a rare freehold commercial asset in one of Melbourne’s most prestigious suburbs.
• Premium High Street address in Melbourne’s premier retail and lifestyle precinct
• Modern 5-level building providing 3,203sqm* of Net Lettable Area.
• Ground floor boutique gym tenancy and expansive office floorplates on the upper levels with several featuring large balconies with views of the Melbourne CBD and beyond.
• Secure basement parking for 62 cars.
• Benefitting from already being strata subdivided.
• 100% occupancy with a strong tenant profile.
• Secure income stream with a Net Passing Income of $1,809,117* per annum.
• Substantial 950sqm*(C1Z) landholding, with significant 30.22 metre frontage to High Street.
• Unmatched connectivity just 200 metres* from Armadale Station and serviced by multiple tram routes
• Surrounded by elite amenity including designer boutiques, high-end dining, and luxury residential offerings
• Strategic landholding with significant long-term upside
For Sale by International Expressions of Interest closing Thursday 13 November at 12pm (AEDT).
To arrange an inspection or for further information, please contact the exclusive selling agents:
Cushman & Wakefield
Oliver Hay | +61 419 528 540
Daniel Wolman | +61 412 957 839
Leon Ma | +61 417 070 725
Knight Frank
Trent Preece | +61 400 504 300
Tom Ryan | +61 419 786 244
*Approx
Remember to mention you found this property on CommercialReady