716-718 High Street,
Armadale, VIC 3143
Shops & Retail • Offices • Development Sites & Land
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JLL - Melbourne
Level 33, 101 Collins StreetMELBOURNE, VIC 3000
716-718 High Street
Armadale, VIC 3143
Map of 716-718 High Street
PROUDLY SOLD BY JLL
- Striking Freehold Building
- Fully leased to two established tenants
- Premium Armadale location
JLL Melbourne Commercial Sales is pleased to offer for sale this high-profile freehold retail and office investment in a blue-chip Armadale location.
Key details of the opportunity include:
- A commanding two-storey retail and office building with on site car parking
- Fully leased to two tenants on new 3-year terms with options
- Current net rental: $123,657 per annum* with annual rental increases
- Valuable underlying landholding boasting 10.67 metres* of prime High Street exposure and additional frontage to Waldie Lane
- Proximate to several high end residential and mixed use developments nearing completion
- One of Melbourne’s most affluent catchments – Armadale median house price $2,635,000
- The ultimate investment with strong fundamentals, excellent rental growth and development potential
PROUDLY SOLD BY JLL
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Tim Carr | 0415 767 9...
MingXuan Li | 0498 688 9...
Josh Rutman | 0411 27 37 ...
*Freehold For Sale only. Business operating as usual.
Key details of the opportunity include:
- A commanding two-storey retail and office building with on site car parking
- Fully leased to two tenants on new 3-year terms with options
- Current net rental: $123,657 per annum* with annual rental increases
- Valuable underlying landholding boasting 10.67 metres* of prime High Street exposure and additional frontage to Waldie Lane
- Proximate to several high end residential and mixed use developments nearing completion
- One of Melbourne’s most affluent catchments – Armadale median house price $2,635,000
- The ultimate investment with strong fundamentals, excellent rental growth and development potential
PROUDLY SOLD BY JLL
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Tim Carr | 0415 767 9...
MingXuan Li | 0498 688 9...
Josh Rutman | 0411 27 37 ...
*Freehold For Sale only. Business operating as usual.
Property ID: 503947210Last Updated: 29 Oct 2024
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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