Retail for Sale

1A Rose Street Armadale, VIC 3143

For Sale - $760,000
  • Building: 23m²

Inspections are available by appointment only. Contact the agent to request an inspection.

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Retail for Sale in Armadale

BOUTIQUE RETAIL OPPORTUNITY First time offered in 20 years

  • Building: 23m²

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

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.

Don't miss the opportunity to secure an outstanding boutique retail investment with a long term tenant in place.

This property is certainly one that you want to add to your investment portfolio.

  • Building area 23m2 approx.
  • Currently returning approx. $28,114 per annum plus GST plus outgoings
  • Five (5) year lease commenced November 2015
  • Two (2) further options of five (5) years
  • 3% Fixed Annual Increases for the duration of the lease
  • Located opposite Toorak railway station and the recently completed Lend Lease Apartment Towers

Private Sale - $760,000

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

Building:

23m²

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