1100 High Street
Armadale, VIC 3143

This commercial retail property located at 1100 High Street, Armadale, presents a quality investment opportunity within one of Melbourne's most affluent and top-performing retail strips. The property is offered for sale by public auction, providing a unique chance to acquire a well-positioned asset in a thriving retail precinct.

The property features a land holding of approximately 230 square meters, including convenient rear access, which enhances its functional appeal for retail operations. The building itself spans two levels, offering a total floor area of around 400 square meters, providing ample space for a variety of retail or commercial uses.

Currently, the property benefits from a long-standing tenant, Calma Spa & Skin Clinic, which contributes to a stable income stream. The current annual income is approximately $117,000 plus GST and outgoings, with annual rental increases in place, ensuring a growing return on investment.

The location is surrounded by a diverse range of premium national and international retailers, including well-known brands such as MECCA, AESOP, COS, and Zimmerman. Additionally, the area boasts artisan cafés and celebrated dining destinations, making it a vibrant and attractive destination for shoppers and visitors alike.

Armadale itself is supported by a prosperous catchment area, including the nearby affluent suburbs of Toorak, Malvern, Prahran, and South Yarra. This demographic strength underpins the retail strip's performance and desirability for both tenants and investors.

This property is being offered to the market for the first time in over 50 years, highlighting its rarity and potential for long-term capital growth. Investors seeking a secure and well-located retail asset in Melbourne's premium shopping precinct will find this opportunity compelling.

For further information or to arrange an inspection, interested parties are encouraged to contact the listing agents directly.

All measurements and figures are approximate.