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941-951 High Street, ARMADALE, VIC 3143
Armadale
SOLD - $7,000,000 (Land Value: $8,652/sqm)
Premium Armadale Retail Freehold Packed with Potential
Savills is delighted to offer for sale this prime retail freehold in a highly sought after position within the heart of the High Street retail precinct. This property represents a fantastic opportunity to acquire a prominent retail freehold building with significant development upside.
The key attributes of 941-951 High Street, Armadale include:
- A large, high quality retail freehold
- Extensive frontage to High Street of 20 metres*
- Huge underlying landholding of 809sq m*, offering outstanding development potential
- Flexible Commercial 1 Zone
- Short-term leaseback provided
- 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 ($2,460,000^) 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!
941-951 High Street, Armadale is For Sale by Expressions of Interest closing Thursday 18 May at 2pm
Nick Peden - 0402 011 266
Clinton Baxter - 0413 569 888
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888
Remember to mention you found this property on DevelopmentReady
SOLD - $7,000,000 (Land Value: $8,652/sqm)
Premium Armadale Retail Freehold Packed with Potential
Savills is delighted to offer for sale this prime retail freehold in a highly sought after position within the heart of the High Street retail precinct. This property represents a fantastic opportunity to acquire a prominent retail freehold building with significant development upside.
The key attributes of 941-951 High Street, Armadale include:
- A large, high quality retail freehold
- Extensive frontage to High Street of 20 metres*
- Huge underlying landholding of 809sq m*, offering outstanding development potential
- Flexible Commercial 1 Zone
- Short-term leaseback provided
- 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 ($2,460,000^) 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!
941-951 High Street, Armadale is For Sale by Expressions of Interest closing Thursday 18 May at 2pm
Nick Peden - 0402 011 266
Clinton Baxter - 0413 569 888
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888
Remember to mention you found this property on DevelopmentReady
941-951 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
