Offices | Retail | Development/Land

Stonebridge Property Group, under instructions from Charter Keck Cramer, is pleased to present the historic Armadale Post Office - 8 Llaneast Street, Armadale.

8 Llaneast Street, Armadale offers an opportunity to purchase a historic and iconic building in the highly affluent Armadale retail precinct.

The property is bookended by 3 major retail strips including High Street, Armadale and Glenferrie Road and Wattletree Road, Malvern. The property also boasts immediate proximity to high-end retail and transport amenities providing direct access to the Melbourne CBD.

8 Llaneast Street, Armadale is to be sold subject to a 3-year leaseback to Telstra allowing flexibility to strategically re-purpose, landbank, re-design or secure favourable planning outcomes for future development (STCA).

Key highlights of the property include:

- Existing improvements comprise a multi-functional mixed-use brick building with a total building area of 1,475 sqm*. The improvements are bolstered by multiple access points, expansive ceiling heights throughout (typical of the era) and represents a true blank canvass

- Substantial 1,111 sqm* landholding with dual street frontages plus significant scope for development upside (STCA). Planning reports available upon request

- Zoned Commercial 1 (C1Z) allowing for a range of uses notably, commercial, residential, retail, accommodation and/or speciality uses (STCA)

- The landholding is prime for commercial or residential development with detailed heritage and yield study report completed by Lovell Chen available upon request

- Situated in the highly affluent Armadale retail precinct which is engrossed in high-end retail culture. The property has immediate access to both High Street, Armadale and Glenferrie Road, Malvern and underpinned by inner-city shopping centre, Malvern Central (125 m*)

- Strategically conne...