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SOLD

929-933 High Street, ARMADALE, VIC 3143

Development Approved
DETAILS

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.com.au

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
Closing Thursday 28 June at 2pm
Property Area
AREA:
818 m² (*approx)
Property Type
TYPE:
Commercial, Office, Other, Office, Other
Development Approved
DEVELOPMENT APPROVAL:
Flexible Commercial 1 Zone, offering outstanding development potential

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929-933 High Street, ARMADALE, VIC 3143

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