Watch Watch
Back
/
Images
×
8 Llaneast Street, Armadale, VIC 3143
Images
Virtual Tour
Video

Property Highlights

An Armadale Icon – 1,808 sqm* Irreplaceable Building Plus $385,000* Net Income
  • Triple Fronted 1,111 sqm* Landholding
  • Landbank, Re-Purpose or Develop (STCA)
  • Net Income to Telstra $385k

Stonebridge Property Group, under instructions from Charter Keck Cramer, is pleased to present the historic Armadale Post Office - 8 Llaneast Street, Armadale.

8 Llaneast Street, Armadale offers an opportunity to purchase a historic and iconic building in the highly affluent Armadale retail precinct.

The property is bookended by 3 major retail strips including High Street, Armadale and Glenferrie Road and Wattletree Road, Malvern. The property also boasts immediate proximity to high-end retail and transport amenities providing direct access to the Melbourne CBD.

8 Llaneast Street, Armadale is to be sold subject to a 3-year leaseback to Telstra allowing flexibility to strategically re-purpose, landbank, re-design or secure favourable planning outcomes for future development (STCA).

Key highlights of the property include:

- Existing improvements comprise a multi-functional mixed-use brick building with a total building area of 1,808 sqm*. The improvements are bolstered by multiple access points, expansive ceiling heights throughout (typical of the era) and represents a true blank canvass

- Substantial 1,111 sqm* landholding with dual street frontages plus significant scope for development upside (STCA). Planning reports available upon request

- Zoned Commercial 1 (C1Z) allowing for a range of uses notably, commercial, residential, retail, accommodation and/or speciality uses (STCA)

- The landholding is prime for commercial or residential development with detailed heritage and yield study report completed by Lovell Chen available upon request

- Situated in the highly affluent Armadale retail precinct which is engrossed in high-end retail culture. The property has immediate access to both High Street, Armadale and Glenferrie Road, Malvern and underpinned by inner-city shopping centre, Malvern Central (125 m*)

- Strategically connected to the Melbourne CBD (7 km*) and inner-eastern suburbs via multiple transport linkages including Armadale Train Station (800 m*), Malvern Train Station (500 m*) and various tram networks servicing the immediate precinct

8 Llaneast Street, Armadale is the opportunity to secure an iconic and unrepeatable piece of history in one of Melbourne’s best inner-eastern locations.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White

0422 764 137

Chao Zhang 张超

0411 625 068

Max Warren

0488 296 892

*Approximately

Property Code: 806

Remember to mention you found this property on DevelopmentReady

Read More

Higher Leverage. Less Equity. Unlock More Opportunities.

Get advice from the development finance experts at Ready Capital.

Book a call today.

STEP 01 Finance type
Land Finance
STEP 02 Property address
8 Llaneast Street, Armadale, VIC 3143
STEP 03 Contact a finance professional

Map: 8 Llaneast Street, Armadale, VIC 3143