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Exceptional Armadale Freehold with Upside

941-951 High Street, ARMADALE VIC, 3143

Sold

Property Sold in 941-951 High Street, ARMADALE VIC, 3143

Listing ID:
11336802
Status:
Sold
Price:
$6,500,000
Last Updated:
08/08/2019
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Property Type

Retail
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Land Area

809 SQM
Icon size

Floor Area

740 SQM
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Parking

N/A

Exceptional Armadale Freehold with Upside

• Strategic investment with development upside
• A large, high-quality retail freehold with a build area of some 740sqm*
• Substantial land area of 809sqm*
• Extensive 20 metre frontage to High Street
• Suits owner occupier, investor, entrepreneurial investor and developers
• Unparalleled retail location top performing retail strip regarded as one of Melbourne's most high profile and luxurious strip retail centres
• Flexible Commercial 1 Zone
• Short term holding income
• Blue chip residential location
• Situated opposite Armadale Train Station and surrounded by Melbourne's finest retail and lifestyle amenity
• An affluent position and proven location for luxury apartment projects supported by a high median house price ($3,050,000^) and some of the highest apartment sale rates throughout Melbourne
• A truly rare opportunity in one of Melbourne's highly sought after retail and residential locations

For further information, contact the selling agents Dominic Gibson 0409 366 941 or James Latos 0437 537 957

In Conjunction with Allard Shelton
Michael Ryan 0433 180 199
James Gregson 0421 516 480
Joseph Walton 0417 309 347

*Approx
^REA Group

For more details, please email agent

Melbourne Acquisitions

Ground Floor, 607 St Kilda Road, Melbourne, VIC 3004


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