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Sold on 14 Dec 2021

Shops 1 & 2, 590 Orrong Road Armadale VIC 3143

  • Shop & Retail
  • 426 m²
  • Sold

TWO ATTRACTIVE ARMADALE RETAIL INVESTMENTS

  • Rare Armadale investments
  • Recent 5+6-year net leases with options
  • Leased to 8 Reasons Café & Core Physio

SOLD BY CBRE & JLL

LOCATION

Developed by Lendlease, 590 Orrong Road is situated amongst the leafy surrounds of Armadale as the only two (2) retail offerings directly catering to over 460 dwellings and townhouses in the immediate catchment area

Prestigious Armadale location at the entrance to Toorak Train Station and providing direct connectivity to Beatty Avenue and High Street, Armadale as well as Orrong Road bus network located only 100m* away

SHOP 1, 590 ORRONG ROAD, ARMADALE

+Fully leased to popular '8 Reasons Café & Restaurant' spanning a high exposure and expansive 205 square metres corner tenancy plus an additional 65 square metre outdoor area

+Offering a brand new 6-year net lease with 3 further options of 5 years

+Featuring a high quality fit out with commercial kitchen plus two (2) secure basement car parks on title

SHOP 2, 590 ORRONG ROAD, ARMADALE

+Fully leased to essential service tenant 'Core Performance Physiotherapy' across a sizeable 156 square metre corner tenancy with exclusive signage rights

+Offering a recent 5-year net lease with 2 further options of 5 years

+Servicing an active and established catchment area of over 900 residents and operating as an essential services tenant with extended trading hours

For more information please contact the sales and marketing agents at CBRE and JLL:

CBRE

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

JLL

Jesse Radisich
+61 402 085 702
jesse.radisich@ap.jll.com

Tim Carr
+61 415 767 915
tim.carr@ap.jll.com

Mingxuan Li
+61 0498 688 998
mingxuan.li@ap.jll.com

*Approx
*Photography taken during lockdown period

Alex Brierley
CBRE Melbourne
Alex Brierley
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Jesse Radisich
JLL - Melbourne
Jesse Radisich
JLL - Melbourne
Tim Carr
JLL - Melbourne
Tim Carr
JLL - Melbourne

Property Highlights

Date Sold14 Dec 2021
Floor Area426 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2017349703
Category
Last updated  14 Dec 2021
Map for Shops 1 & 2, 590 Orrong Road Armadale VIC 3143
Alex Brierley
CBRE Melbourne
Alex Brierley
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Jesse Radisich
JLL - Melbourne
Jesse Radisich
JLL - Melbourne
Tim Carr
JLL - Melbourne
Tim Carr
JLL - Melbourne

Property Highlights

Date Sold14 Dec 2021
Floor Area426 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2017349703
Category
Last updated  14 Dec 2021
Level 34, 8 Exhibition Street Melbourne VIC 3000
Alex Brierley
Alex Brierley
CBRE Melbourne
Nathan Mufale
Nathan Mufale
CBRE Melbourne
Jesse Radisich
Jesse Radisich
JLL - Melbourne
Tim Carr
Tim Carr
JLL - Melbourne
Alex Brierley
Alex Brierley
CBRE Melbourne
Nathan Mufale
Nathan Mufale
CBRE Melbourne
Jesse Radisich
Jesse Radisich
JLL - Melbourne
Tim Carr
Tim Carr
JLL - Melbourne

Alex Brierley

CBRE Melbourne

Nathan Mufale

CBRE Melbourne

Jesse Radisich

JLL - Melbourne

Tim Carr

JLL - Melbourne

+61 *** ***
+61 447 974 447

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