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941-951 High Street Armadale, VIC 3143

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941-951 High Street,
Armadale, VIC 3143

Development Sites & Land • Shops & Retail • Showrooms & Large Format Retail

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Premium Armadale Retail Freehold Packed with Potential

  • Premium Armadale Freehold
  • Flexible Commercial 1 Zone
  • Extremely Valuable Landholding
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!

Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

Property ID: 502369894Last Updated: 30 Sep 2021

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941-951 High Street
Armadale, VIC 3143

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Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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