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941-951 High Street, Armadale, VIC 3143

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+15 Photos

SOLD

941-951 High Street, Armadale, VIC 3143

Properties / Sold / Victoria / Armadale

Development Potential

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

Development Potential