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1163-1165 High Street, Armadale, VIC 3143
Armadale
Offered to the market for the first time since 1985, the JLL Melbourne Commercial Sales team is pleased to present for public sale this first-class retail freehold building with exceptional upside potential at 1163-1165 High Street, Armadale.
Key details of the opportunity include:
- A high-profile retail freehold with extensive 12m frontage to High Street
- Positioned in the heart of the premium High Street retail strip
- High quality retail asset which benefits from valuable and wide rear laneway access
- Longstanding tenant on a monthly tenancy arrangement – Sofa’s Direct (three locations in Melbourne)
- Significant current income with enormous rental upside
- Flexible opportunity for investors, owner-occupiers and developers
- Approved permit and endorsed plans for boutique retail and apartment project
- High Street, Armadale is arguably Melbourne’s most desirable and highly sought-after retail strip, consistently experiencing one of Melbourne’s lowest rental vacancy rates
- Highly affluent and captive local residential catchment with median house price above $2,500,000
- A first-class investment or owner-occupation opportunity - In one of Melbourne’s most premium and sought-after suburbs
PROUDLY SOLD BY JLL
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Jesse Radisich | 0402 085 702
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
Mingxuan Li 李名 轩 | 0498 688 998
· A trophy single level retail freehold
· Longstanding tenant of 12 years
· Permit for boutique project
Remember to mention you found this property on DevelopmentReady
Offered to the market for the first time since 1985, the JLL Melbourne Commercial Sales team is pleased to present for public sale this first-class retail freehold building with exceptional upside potential at 1163-1165 High Street, Armadale.
Key details of the opportunity include:
- A high-profile retail freehold with extensive 12m frontage to High Street
- Positioned in the heart of the premium High Street retail strip
- High quality retail asset which benefits from valuable and wide rear laneway access
- Longstanding tenant on a monthly tenancy arrangement – Sofa’s Direct (three locations in Melbourne)
- Significant current income with enormous rental upside
- Flexible opportunity for investors, owner-occupiers and developers
- Approved permit and endorsed plans for boutique retail and apartment project
- High Street, Armadale is arguably Melbourne’s most desirable and highly sought-after retail strip, consistently experiencing one of Melbourne’s lowest rental vacancy rates
- Highly affluent and captive local residential catchment with median house price above $2,500,000
- A first-class investment or owner-occupation opportunity - In one of Melbourne’s most premium and sought-after suburbs
PROUDLY SOLD BY JLL
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Jesse Radisich | 0402 085 702
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
Mingxuan Li 李名 轩 | 0498 688 998
· A trophy single level retail freehold
· Longstanding tenant of 12 years
· Permit for boutique project
Remember to mention you found this property on DevelopmentReady
1163-1165 High Street, Armadale, VIC 3143
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
