1036 High Street,
Armadale, VIC 3143
Shops & Retail
Key property information
Floor area
Tenure type
Sold on
GormanKelly - Hawthorn
1 Oxley RoadHAWTHORN, VIC 3122
1036 High Street
Armadale, VIC 3143
Map of 1036 High Street
BLUE CHIP HIGH STREET LOCATION | LEASED INVESTMENT
- Period style single-level retail
- Attractive income
- Substantial High Street frontage
GormanKelly is pleased to present 1036 High Street, Armadale for sale by Public Auction on Wednesday 17th July at 2pm on-site.
The key highlights of the opportunity include:
✓ Period style single-level retail premises of 200m²* offered as a leased investment
✓ Substantial frontage of 7.95m*
✓ Land area: 267m²* / Zoned Commercial 1
✓ Leased to Rose Street Trading Co Pty Ltd
✓ Currently returning $176,800 net per annum plus GST and outgoings (excluding Land Tax)
✓ Excellent rear access via right of way
✓ Located in the heart of one of Melbourne's most desirable shopping strips with neighbouring businesses including Aesop, Gorman, KidStuff, Camilla, Zimmerman, Country Road, Oroton, COS, Sheridan, and Mecca just to name a few
To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.
NICK BREHENY
+61 411 601 7...
nbreheny@gormankelly.com.au
RICHARD MUNDAY
+61 408 407 6...
rmunday@gormankelly.com.au
* Approximately
The key highlights of the opportunity include:
✓ Period style single-level retail premises of 200m²* offered as a leased investment
✓ Substantial frontage of 7.95m*
✓ Land area: 267m²* / Zoned Commercial 1
✓ Leased to Rose Street Trading Co Pty Ltd
✓ Currently returning $176,800 net per annum plus GST and outgoings (excluding Land Tax)
✓ Excellent rear access via right of way
✓ Located in the heart of one of Melbourne's most desirable shopping strips with neighbouring businesses including Aesop, Gorman, KidStuff, Camilla, Zimmerman, Country Road, Oroton, COS, Sheridan, and Mecca just to name a few
To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.
NICK BREHENY
+61 411 601 7...
nbreheny@gormankelly.com.au
RICHARD MUNDAY
+61 408 407 6...
rmunday@gormankelly.com.au
* Approximately
Additional information
Documents
Armadale, 3143 demographic data
The median household income for Armadale is $2,193, 15% higher than Greater Melbourne's household income of $1,901. Armadale has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 43% of property owners in Armadale have a mortgage.
9,368
Population
$2,193 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
GormanKelly - Hawthorn1 Oxley Road
HAWTHORN, VIC 3122
HAWTHORN, VIC 3122
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