High Street's Finest
High Street Armadale’s finest and best investment offering is now available to the market.
This prize corner landholding, in arguably the best retail strip of Melbourne, provides a rare opportunity for all buyers, making this a true trophy asset.
Key features include:
* A prestigious Armadale freehold investment with secure rental income generated by six tenancies
* A prominent, two-level retail/office building of over 600sqm* of lettable area
* Boasting unrivalled investment/future development fundamentals with 63 m* of triple street frontage and 500sqm* of land
* Commercial 1 zoning within the City of Stonnington’s activity centre structure plan and with a preferred height of 5 storeys (STCA)
* Strategically located in the epicentre of High Street’s luxury retail mecca between Kooyong & Huntingtower Road’s on the prominent corner of Moorhouse Street
* Set amongst the biggest names in Australian & international retail notably Zimmermann, Country Road, Dion Lee, Scanlan Theodore, Aesop, Mecca & more
* Favourable leases providing opportunities for ground floor retail owner occupiers, land-bankers and developers
* Concrete flooring to the ground and first floor which may allow further levels to be built above existing structure (STCA)
* Secure, gross rental income in excess of $353,000 per annum*
* High Street retailers are supported by the immense wealth offered through the population of neighbouring suburbs Toorak & Malvern (these suburbs boast median house prices of circa $5,000,000 & $2,795,000)
For further details or to arrange an inspection please contact:
Julian Vautin 0420 406 660
Matt Nichols 0418 186 488
Hiona Kristiansson 0404 398 663
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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