Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Sold Check
Back to results
Properties / Sold / Victoria / Armadale
Save
Share
Sold

929-933 High Street, ARMADALE, VIC 3143

+31 Photos
/
Images
Close

929-933 High Street, ARMADALE, VIC 3143

Armadale

929-933 High Street, ARMADALE, VIC 3143
×
Sold Check
+33 Photos
929-933 High Street, ARMADALE, VIC 3143

929-933 High Street, ARMADALE, VIC 3143

Properties / Sold / Victoria / Armadale
Development Approved
Property Type
Commercial
Land Area
818 m² (*approx)
Selling Method
EOI: Closing Thursday 28 June at 2pm
Show All

The Ultimate Armadale Land Bank Opportunity

Savills is delighted to offer for sale these two premium adjoining freeholds in a highly sought after position within the heart of the High Street, Armadale retail precinct. The property represents a fantastic opportunity to acquire two retail freeholds with an enormous land content and significant development upside.

The key attributes of 929-933 High Street, Armadale include:

* Two adjoining high quality retail freeholds

* Enormous landholding of 818sq m*

* Extensive 20m* retail frontage

* Flexible Commercial 1 Zone, offering outstanding development potential

* High quality existing improvements providing existing income

* A premium location within the heart of High Street, Armadale – regarded as Melbourne’s most high profile, luxury shopping strip

* Close proximity to Glenferrie Road retail and Malvern Central Shopping Centre

* 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 ($2,115,000*) and some of the highest apartment sales rates throughout Melbourne

* A truly rare, blue-chip investment and development opportunity within Melbourne’s most sought after retail/residential precinct!

929-933 High Street, Armadale is For Private Sale.

For further information, please contact:

Nick Peden - 0402 011 266

Clinton Baxter - 0413 569 888

Jesse Radisich - 0402 085 702

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

Development Site Summary

Property Type
Commercial
Land Area
818 m² (*approx)
Selling method
EOI: Closing Thursday 28 June at 2pm

Development Site Highlights

The Ultimate Armadale Land Bank Opportunity

Savills is delighted to offer for sale these two premium adjoining freeholds in a highly sought after position within the heart of the High Street, Armadale retail precinct. The property represents a fantastic opportunity to acquire two retail freeholds with an enormous land content and significant development upside.

The key attributes of 929-933 High Street, Armadale include:

* Two adjoining high quality retail freeholds

* Enormous landholding of 818sq m*

* Extensive 20m* retail frontage

* Flexible Commercial 1 Zone, offering outstanding development potential

* High quality existing improvements providing existing income

* A premium location within the heart of High Street, Armadale – regarded as Melbourne’s most high profile, luxury shopping strip

* Close proximity to Glenferrie Road retail and Malvern Central Shopping Centre

* 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 ($2,115,000*) and some of the highest apartment sales rates throughout Melbourne

* A truly rare, blue-chip investment and development opportunity within Melbourne’s most sought after retail/residential precinct!

929-933 High Street, Armadale is For Private Sale.

For further information, please contact:

Nick Peden - 0402 011 266

Clinton Baxter - 0413 569 888

Jesse Radisich - 0402 085 702

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888

Finance Calculator

929-933 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: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

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

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location

One moment please.

Retrieving map...

929-933 High Street, ARMADALE, VIC 3143 Armadale
Savills - VIC
Savills - VIC
Level 29, South Tower, 80 Collins Street, Melbourne, VIC, 3000
View Agency Profile
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888