1047-1051 High Street Armadale VIC 3143

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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