929-933 HIGH STREET, ARMADALE
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 Immediate Private Sale.