Nestled in one of Melbourne's most prestigious suburbs, this exceptional shop with residence presents an extraordinary opportunity for discerning investors, entrepreneurs, and visionary developers seeking a strategic acquisition in a premium location.
ESTABLISHED BUSINESS INCLUDED
Generate immediate returns with a thriving dry cleaning and laundry business that has faithfully served the local community for over 26 years. Boasting an enviable loyal customer base and an impeccable reputation, this turnkey operation delivers consistent cash flow while you consider the property's remarkable future potential.
PREMIUM FEATURES ON A COVETED 359M² ALLOTMENT
This versatile property with an impressive 12-meter frontage offers:
* Functional retail space with an established dry cleaning/laundromat setup
* Two-bedroom residence provides additional accommodation or income
* Rear parking access via right of way
* All business fixtures and fittings included
* Standout signage potential on busy Wattletree Road
* Valuable Residential 1 zoning offering development flexibility
PREMIER ARMADALE LOCATION
Within Melbourne's premier retail and lifestyle precinct in proximity to the prime of High Street, Armadale, Australia's most talked about strip retail location home to luxury international and local retailers plus an array of top hospitality operators.
- Highly exposed and excellent signage potential to Wattletree Road (STCA)
- Wattletree Road trams on the doorstep
- Armadale Train Station 550 meters (approx.) away
- Malvern Shopping Central 850 meters (approx.) away
- Moments from High Street's world-class boutiques and dining
- Surrounded by Melbourne's most prestigious schools and amenities
THREE PATHWAYS TO SUCCESS
This property represents a genuinely rare opportunity to secure your position in one of Melbourne's most tightly-held and prestigious suburbs:
- Invest: Maintain the established business while enjoying steady rental income from the attached residence
- Occupy: Launch or relocate your enterprise to this high-visibility location with the added benefit of attached living quarters
- Develop: Transform the site into luxury townhouses or create a sophisticated mixed-use development featuring retail below and elegant apartments above (STCA)