Investment Property
Fully Leased Bluechip Armadale Investment
863 High Street, Armadale, VIC 3143 Australia
Building Size
3,203 SQM
Lot Size
950 SQM
Building Size
3,203 SQM
Lot Size
950 SQM
OVERVIEW
Cushman & Wakefield and Knight Frank are proud to present for sale 863 High Street, Armadale, a rare freehold commercial asset in one of Melbourne’s most prestigious suburbs.
- Premium High Street address in Melbourne’s premier retail and lifestyle precinct
- Modern 5-level building providing 3,203sqm* of Net Lettable Area.
- Ground floor boutique gym tenancy and expansive office floorplates on the upper levels with several featuring large balconies with views of the Melbourne CBD and beyond.
- Secure basement parking for 62 cars.
- Benefitting from already being strata subdivided.
- 100% occupancy with a strong tenant profile.
- Secure income stream with a Net Passing Income of $1,809,117* per annum.
- Substantial 950sqm*(C1Z) landholding, with significant 30.22 metre frontage to High Street.
- Unmatched connectivity just 200 metres* from Armadale Station and serviced by multiple tram routes
- Surrounded by elite amenity including designer boutiques, high-end dining, and luxury residential offerings
- Strategic landholding with significant long-term upside
For Sale by International Expressions of Interest closing Thursday 13 November at 12pm (AEDT).
To arrange an inspection or for further information, please contact the exclusive selling agents:
Cushman & Wakefield
Oliver Hay | +61 419 528 540
Daniel Wolman | +61 412 957 839
Leon Ma | +61 417 070 725
Knight Frank
Trent Preece | +61 400 504 300
Tom Ryan | +61 419 786 244
*Approx
- Inner East MelbourneDetails
- Building Size:
- 3,203 SQM
- Sale Price:
- Contact us for pricing
- Lot Size:
- 950 SQM
AVAILABILITIES