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Fitzroys - Melbourne

1123 High Street Armadale, VIC 3143

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1123 High Street,
Armadale, VIC 3143

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Fitzroys - Melbourne
James Lockwood
Chris Kombi

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
Fitzroys - Melbourne
1123 High Street
Armadale, VIC 3143

Map of 1123 High Street

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Classy High Street Investment

  • Rare Offering In Tightly Held Precinct
  • 3 + 3 Year Lease to Quality Tenant
  • Prime High Street Location
- Centrally positioned within one of Melbourne most valuable and in demand shopping precincts
- Beautifully presented building of 170sqm approx
- Land Area of 225sqm approx.
- Excellent rear access via wide right of way from Huntingtower Rd
- Garaged on site parking at rear
- 3 + 3 year lease to long established tenant, Eternal Bridal
- Returning $79,040 per annum (as at 1/11/19) plus outgoings and GST
- Opportunity for future rental uplift
- Commercial 1 Zone
- Significant further development potential (stca) with concept plans prepared for a 4 Level mixed use building encompassing shop and 6 apartments
- Located within the prime trading section of High Street between Kooyong Road and Glenferrie Road
- Surrounded by a number of Australia’s leading retailers including Scanlan Theodore, Mecca, Aesop, Seed, Midas, Sheridan, Zimmermann, Gorman, Sportcraft and Woolworths Supermarket - to name a few
- Brilliant investment opportunity with strong future upside positioned within proven retail precinct

Additional information

Property ID: 503282410Last Updated: 29 Nov 2019

Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000
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