1A Rose Street, Armadale, VIC 3143

Investment | Retail | Offices

For Sale $530,000 - $560,000

  • Property ID: 266076
  • Floor Area: 23m²
  • Occupancy: Vacant
Circa 6% Return - Boutique Retail Investment with Brand New Lease Until 2024!

Ray White Commercial Oakleigh is delighted to present this outstanding retail property prominently positioned within one of Melbourne's most prestigious retail precincts.

Fist time offered in over 20 years!

- Brand New 2+2+2 Year Lease (July 2018)
- Returning $31,000 p/a + Outgoings
- Fixed 4% annual increases throughout duration of Tenancy
- Located opposite Toorak Railway Station
- Commercial 1 Zone (C1Z)

Armadale's coveted status as one of Melbourne's most prestigious and gentrified south-eastern suburbs should certainly ensure that this property appeals to those savvy investors looking to purchase a prime retail investment within Armadale's popular retail + lifestyle precinct.

George Kelepouris - 0425 798 677
Theo Karkanis - 0431 391 035

Armadale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $660 ---
Retail --- $600 ---
This is the average advertised price, rent and yield for Armadale, VIC 3143*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

Ray White Commercial Oakleigh

Level 3, 7-9 Atherton Road, Oakleigh, VIC 3166

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 1A Rose Street, Armadale, VIC 3143. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 1A Rose Street, Armadale, VIC 3143. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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