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Classy High Street Investment

1123 High Street, ARMADALE VIC, 3143

Sold

Property Sold in 1123 High Street, ARMADALE VIC, 3143

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000

Listing ID:
11356582
Status:
Sold
Last Updated:
29/11/2019
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Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

170 SQM
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Parking

N/A

Classy High Street Investment

- 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

For more details, please email agent

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000


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