Sold
941-951 High Street, Armadale, VIC 3143
941-951 High Street, Armadale, VIC 3143
Properties / Sold / Victoria / Armadale
Development Potential
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1. Property Summary
Property Type
Commercial, Residential
Land Area
809 m² (*approx)
Selling Method
SOLD: Contact Agent
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2. Property Highlights
EXCEPTIONAL ARMADALE FREEHOLD WITH UPSIDE
• Strategic investment with development upside and sub-divisional potential (STCA)
• A large, high-quality retail freehold with a build area of some 740sqm*
• Substantial land area of 809sqm*
• Extensive 20 metre frontage to High Street
• Suits owner occupier, investor, entrepreneurial investor and developers
• Unparalleled retail location top performing retail strip regarded as one of Melbourne's most high profile and luxurious strip retail centres
• Flexible Commercial 1 Zone
• Short term holding income
• Blue chip residential location
• Situated opposite Armadale Train Station and surrounded by Melbourne's finest retail and lifestyle amenity
• A truly rare opportunity in one of Melbourne's highly sought after retail and residential location
• An affluent position and proven location for luxury apartment projects supported by a high median house price ($3,050,000^) and some of the highest apartment sale rates throughout Melbourne
*Approx
^REA Group
For further information, contact the selling agents Dominic Gibson 0409 366 941 or James Latos 0437 537 957.
In conjunction with Allard Shelton:
Michael Ryan 0433 180 199
James Gregson 0421 516 480
Joseph Walton 0417 309 347
Remember to mention you found this property on DevelopmentReady
Read More
Development Potential
Development Potential
1. Property Summary
Property Type
Commercial, Residential
Land Area
809 m² (*approx)
Selling method
SOLD: Contact Agent
2. Property Highlights
EXCEPTIONAL ARMADALE FREEHOLD WITH UPSIDE
• Strategic investment with development upside and sub-divisional potential (STCA)
• A large, high-quality retail freehold with a build area of some 740sqm*
• Substantial land area of 809sqm*
• Extensive 20 metre frontage to High Street
• Suits owner occupier, investor, entrepreneurial investor and developers
• Unparalleled retail location top performing retail strip regarded as one of Melbourne's most high profile and luxurious strip retail centres
• Flexible Commercial 1 Zone
• Short term holding income
• Blue chip residential location
• Situated opposite Armadale Train Station and surrounded by Melbourne's finest retail and lifestyle amenity
• A truly rare opportunity in one of Melbourne's highly sought after retail and residential location
• An affluent position and proven location for luxury apartment projects supported by a high median house price ($3,050,000^) and some of the highest apartment sale rates throughout Melbourne
*Approx
^REA Group
For further information, contact the selling agents Dominic Gibson 0409 366 941 or James Latos 0437 537 957.
In conjunction with Allard Shelton:
Michael Ryan 0433 180 199
James Gregson 0421 516 480
Joseph Walton 0417 309 347
Remember to mention you found this property on DevelopmentReady
Read More
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