Teska Carson is pleased to offer 1129 High Street, Armadale for Sale via Public Auction on Thursday 15 August 2024 at 12pm.
An exceptional retail investment opportunity situated in one of Melbourne's most prestigious shopping precincts, High Street, Armadale. This thriving location offers a wide range of high calibre national and international fashion boutiques as well as numerous popular hospitality establishments.
Key considerations for this rare opportunity are as follows:
- Well-presented retail offering of 140m2 with quality fit-out including open plan retail, multiple offices or storage, kitchenette and bathroom facilities
- Leased to florist powerhouse 'Victoria Whitelaw' with three locations
- Income: $95,000 p.a plus GST & Outgoings
- New four (4) year lease with a further four (4) year option and 4% annual increases
- Surrounded by high profile residential and commercial developments including 'Heirloom Armadale' currently under construction including 38 apartments and retail offerings on Ground Floor
Please do not hesitate to call for further information or to arrange an inspection.
