Property Details
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Contact Agent
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Retail
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200 sqm
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230 sqm
Agent Details
1008 High Street, Armadale
STUNNING INVESTMENT IN TOP PERFORMING RETAIL STRIP
Teska Carson is pleased to present 1008 High Street, Armadale for sale by Public Auction on Thursday 26th March at 12 noon on-site.
The key highlights of the opportunity include:
- Brand new five (5) year lease to Henne
- Land holding of 230m2* with rear access
- Oversized street frontage of 6.4 metres*
- Current income of $190,000p.a. plus GST and Outgoings
- Annual rental increases
- Surrounded by a range of premium national and international retailers including MECCA, AESOP, COS and Zimmerman plus artisan cafés and celebrated dining destinations
- Armadale is one of Melbourne’s most affluent suburbs with a strong median house price and supported by a prosperous catchment in the immediate surrounding suburbs of Toorak, Malvern, Prahran and South Yarra
- Offered to the market for the first time in over 50 years
Please do not hesitate to contact the listing agents for further information or to arrange an inspection.
The key highlights of the opportunity include:
- Brand new five (5) year lease to Henne
- Land holding of 230m2* with rear access
- Oversized street frontage of 6.4 metres*
- Current income of $190,000p.a. plus GST and Outgoings
- Annual rental increases
- Surrounded by a range of premium national and international retailers including MECCA, AESOP, COS and Zimmerman plus artisan cafés and celebrated dining destinations
- Armadale is one of Melbourne’s most affluent suburbs with a strong median house price and supported by a prosperous catchment in the immediate surrounding suburbs of Toorak, Malvern, Prahran and South Yarra
- Offered to the market for the first time in over 50 years
Please do not hesitate to contact the listing agents for further information or to arrange an inspection.
