941-951 High Street Armadale VIC 3143

Savills is delighted to offer for sale this prime retail freehold in a highly sought after position within the heart of the High Street retail precinct. This property represents a fantastic opportunity to acquire a prominent retail freehold building with significant development upside.

The key attributes of 941-951 High Street, Armadale include:

- A large, high quality retail freehold
- Extensive frontage to High Street of 20 metres*
- Huge underlying landholding of 809sq m*, offering outstanding development potential
- Flexible Commercial 1 Zone
- Short-term leaseback provided
- A premium location within the heart of High Street, Armadale regarded as Melbourne's most high profile, luxury shopping strip
- Close proximity to Glenferrie Road retail and Malvern Central Shopping Centre
- Situated opposite Armadale Train Station and surrounded by Melbourne's finest retail and lifestyle amenity
- An affluent position and proven location for luxury apartment projects supported by a high median house price ($2,460,000^) and some of the highest apartment sales rates throughout Melbourne
- A truly rare, blue-chip investment and development opportunity within Melbourne's most sought after retail/residential precinct!

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888