Office

1213-1217 High Street, Armadale

1213-1217 High Street Armadale, VIC Australia 3143
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area

Property Description

JLL Melbourne Commercial Sales and Teska Carson are pleased to to present for public sale a first-class retail/commercial /medical building located at 1213-1217 High Street, Armadale.


Key details of the opportunity include:

- A high exposure Armadale trophy asset of 674sqm in the best section of the premium High Street retail strip – between Kooyong and Glenferrie Roads.

- Triple width 18m prime High Street retail frontage.

- A high quality and secure investment offering a strong income stream from longstanding tenant, Jellis Craig.

- One of High Street’s largest retail/commercial /medical buildings with substantial floor plates, access to high levels of natural light and air as well as spectacular fit-out.

- Valuable rear laneway access and 12 on-site under cover car spaces at the rear.

- Significant landholding of 548sqm provides for a range of future development outcomes.

- Extensive retail frontage to High Street providing for a range of reconfiguration and retail activation opportunities in the future.

- High Street, Armadale is arguably Melbourne’s most desirable and highly sought-after retail strips, consistently experiencing one of the lowest rental vacancy rates.        

 

1213-1217 High Street, Armadale is For Sale via Virtual Auction on Thursday 7 October 2021 at 12.30pm (AEDT).

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

JLL Melbourne

Josh Rutman | 0411 27 37 46

Jesse Radisich | 0402 085 702

Tim Carr | 0415 767 915

Mingxuan Li 李名  | 0498 688 998


Teska Carson

George Takis | 0403 259 559

Michael Ludski | 0419 020 203



*Approximate

Investment Highlights

·      A commanding two storey freehold office/retail building

·       Strong income from longstanding tenant

·       Highly sought-after High Street address

Last Updated Date: 20 Sep 2021
Josh Rutman
Josh Rutman
Executive Director, Head of Capital Markets - Victoria
Tim Carr
Tim Carr
Executive - Middle Markets

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Last Updated Date: 20 Sep 2021

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