883-889 High Street & 23-27 Osment Street Armadale VIC 3143

JLL & Stonebridge Property Group are pleased to present 'High & Osment, Armadale' a premium development opportunity at 883889 High Street & 2327 Osment Street, Armadale.

https://dealmanagement.jll.com/opportunity/006Vk00000BKIdaIAH/changelogjewel

Key highlights of the property include:

+ Prominent 1,585 sqm* landholding along High Street, one of Australia's most prestigious retail strips
+ 58.22 m* of dual street frontage to High Street and Osment Street
+ Predominantly Commercial 1 Zone*, benefiting from proximity to 'Armadale Major Activity Centre', which allows for residential, commercial, retail (including supermarkets), student accommodation, or hotel outcomes (STPA)
+ Strong holding income on short term leases
+ Proximity to world class retail including over 30 international fashion brands as well as cafes, eateries, restaurants and bars
+ Armadale Train Station (175 m*) and Tram 6 along High Street (100 m*) provide direct Melbourne CBD access
+ Affluent area with a median house price of $2,325,000^^, significantly greater than the Melbourne average and income 60% higher than the Victorian Average**
+ Numerous surrounding projects demonstrating apartments sales in excess of $25,000/sqm
+ Situated in Armadale, a location synonymous with luxury residential development, and one of the precinct's last remaining development opportunities of scale (STPA)

**REIV
^^Profile ID
*Approx.
^A portion of the property is General Residential Zone

High & Osment is offered for sale via International Expressions of Interest closing Thursday 31 July 2025 at 2pm (AEST).

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and JLL.

JLL

Jesse Radisich | +61 402 085 702
Josh Rutman | +61 411 27 37 46
Xander Yeo | +61 0487 656 141

Stonebridge Property Group

Julian White | +61 422 764 137
Andrew Milligan | +61 421 559 992
Chao Zhang | +61 411 625 068