6/1097-1111 High Street,
Armadale, VIC 3143
Shops & Retail
Detailed listing
Key property information
Floor area
Car spaces
Tenure type
Sold on
Map of 6/1097-1111 High Street
Blue Chip Investment
Auction 29th March 2018 at 12noon
• Dual Tenancy Returning $116,694 pa
• Two tenancies on long term leases
• Total of 256sqm of lettable area
• Two secure car park
• Rear shop access
• Premium High Street position
This is a once in a life time opportunity to purchase a blue chip investment on the world famous High Street. Current lease with two different tenancy offering a gross rental of $116,694 (inl GST) both on long term leases and established businesses.
The property is easily accessible to all major arterials including Glennferrie Road, Dandenong Road, Monash Freeway and public transport at your door.
Please call for further information or to arrange an inspection.
• Dual Tenancy Returning $116,694 pa
• Two tenancies on long term leases
• Total of 256sqm of lettable area
• Two secure car park
• Rear shop access
• Premium High Street position
This is a once in a life time opportunity to purchase a blue chip investment on the world famous High Street. Current lease with two different tenancy offering a gross rental of $116,694 (inl GST) both on long term leases and established businesses.
The property is easily accessible to all major arterials including Glennferrie Road, Dandenong Road, Monash Freeway and public transport at your door.
Please call for further information or to arrange an inspection.
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
6/1097-1111 High Street
Armadale, VIC 3143
Detailed listing
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SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
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