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8 Llaneast Street
Armadale VIC 3143
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Sold on 19 Mar 2024

8 Llaneast Street Armadale VIC 3143

  • Offices
  • 1,475 m²
  • Sold

An Armadale Icon 1,475 sqm* Irreplaceable Building Plus $385,000* Net Income

  • Triple Fronted 1,111 sqm* Landholding
  • Landbank, Re-Purpose or Develop (STCA)
  • Net Income to Telstra $385k

Stonebridge Property Group, under instructions from Charter Keck Cramer, is pleased to present the historic Armadale Post Office - 8 Llaneast Street, Armadale.

8 Llaneast Street, Armadale offers an opportunity to purchase a historic and iconic building in the highly affluent Armadale retail precinct.

The property is bookended by 3 major retail strips including High Street, Armadale and Glenferrie Road and Wattletree Road, Malvern. The property also boasts immediate proximity to high-end retail and transport amenities providing direct access to the Melbourne CBD.

8 Llaneast Street, Armadale is to be sold subject to a 3-year leaseback to Telstra allowing flexibility to strategically re-purpose, landbank, re-design or secure favourable planning outcomes for future development (STCA).

Key highlights of the property include:

- Existing improvements comprise a multi-functional mixed-use brick building with a total building area of 1,475 sqm*. The improvements are bolstered by multiple access points, expansive ceiling heights throughout (typical of the era) and represents a true blank canvass

- Substantial 1,111 sqm* landholding with dual street frontages plus significant scope for development upside (STCA). Planning reports available upon request

- Zoned Commercial 1 (C1Z) allowing for a range of uses notably, commercial, residential, retail, accommodation and/or speciality uses (STCA)

- The landholding is prime for commercial or residential development with detailed heritage and yield study report completed by Lovell Chen available upon request

- Situated in the highly affluent Armadale retail precinct which is engrossed in high-end retail culture. The property has immediate access to both High Street, Armadale and Glenferrie Road, Malvern and underpinned by inner-city shopping centre, Malvern Central (125 m*)

- Strategically connected to the Melbourne CBD (7 km*) and inner-eastern suburbs via multiple transport linkages including Armadale Train Station (800 m*), Malvern Train Station (500 m*) and various tram networks servicing the immediate precinct

8 Llaneast Street, Armadale is the opportunity to secure an iconic and unrepeatable piece of history in one of Melbourne's best inner-eastern locations.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White
0422 764 137

Chao Zhang
0411 625 068

Max Warren
0488 296 892

*Approximately

Property Code: 806

Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold19 Mar 2024
Floor Area1,475 m²
Land Area1,111 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2018879879
Category
Last updated  21 Mar 2024
Map for 8 Llaneast Street Armadale VIC 3143
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold19 Mar 2024
Floor Area1,475 m²
Land Area1,111 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2018879879
Category
Last updated  21 Mar 2024

Co-Agents

Julian White
Stonebridge Property Group VIC
Call
+61 422 764 137
Chao Zhang 张超
Stonebridge Property Group VIC
Call
+61 411 625 068
Max Warren
Stonebridge Property Group VIC
Call
+61 488 296 892

More about 8 Llaneast Street Armadale VIC 3143

8 Llaneast Street Armadale VIC 3143 is categorized as Office. It has a floor area of 1,475 m². The listing ID for this property is 2018879879.

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