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VERSATILE CORNER OPPORTUNITY IN BLUE CHIP LOCATION

59A & 61 Armadale Street & 12 Fetherston Street, ARMADALE VIC, 3143

Sold

Property Sold in 59A & 61 Armadale Street & 12 Fetherston Street, ARMADALE VIC, 3143

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123

Listing ID:
11358774
Status:
Sold
Last Updated:
19/11/2019
Icon building

Property Type

Retail/Offices
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Land Area

N/A
Icon size

Floor Area

212 SQM
Icon parking

Parking

N/A

VERSATILE CORNER OPPORTUNITY IN BLUE CHIP LOCATION

Auction: Friday 20th September at 12 noon on-site

Rare opportunity to acquire this exceptional freehold investment with three separate tenancies including longstanding and well-known tenant, Coin Laundry Cafe.

* Current income: $124,518 pa + GST + outgoings
* Potential rental uplift with a current vacant office tenancy of 80 sqm approx.
* Combined frontage of 35 metres (Armadale Street - 15 metres, Fetherston Street - 20 metres)
* Directly opposite Armadale Train Station and 200 metres to High Street retail
* Three (3) separate titles to be offered as one

Located within the affluent suburb of Armadale, this unique offering is within close proximity to excellent public transport and a variety of lifestyle amenity.

For more details, please email agent

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123


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