1052 High Street, Armadale, VIC 3143 | Property Value & History | OnTheHouse
OFF MARKET

1052 High Street
Armadale VIC 3143

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 124m2
Land area: 181m2
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Property Details for 1052 High St, Armadale

Building Type
Commercial
Floor Size
124m2
Land Size
181m2
Local Government
Stonnington
Lot/Plan
1/TP381082

Last Listing description (August 2022)

Stonebridge Property Group is delighted to present for sale 1052 High Street, Armadale, tenanted by globally recognised fashion icon Dion Lee.

The key highlights of the opportunity include:


- A striking High Street freehold strategically located in one of Armadale's most desirable positions, bookended between the biggest names in international fashion and retail notably Mecca, Scanlan Theodore, Aesop & Zimmerman

- Leased by longstanding tenant Dion Lee, the established international fashion brand boasts a global network including 8 flagship Australian stores

- Dion Lee originated out of Sydney in 2009 and is now a permanent fixture in New York and other fashion capitals across the world (sold globally in over 40 of the world's most exclusive retailers including Net-A-Porter, Selfridges and Lane Crawford

- Leased on a favourable 5-year term with no further options to renew from 2026 (providing possibilities for owner occupiers)

- Comprising 180 sqm* of Commercial 1 Zoned land that benefits from the flexibility of rear lane access via Clarendon Street - providing scope for future development (STCA)

- The 124 sqm* building has been designed by renowned retail architect Kelvin Ho, featuring 6.2 m* of coveted frontage exposure to High Street

- High Street stands as one of Melbourne's strongest trading precincts with retail space highly sought after by the biggest international names in fashion & retail

- High Street retailers are supported by the immense wealth offered through the population of neighbouring suburbs Toorak & Malvern (these suburbs boast median house prices of $5,000,000 & $3,220,000)^


* Approximate
^ ***

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Sarah Xi
0468 320 297

Rorey James
0439 400 081

Property Code: 470

Property History for 1052 High St, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$4,400,000
18 Aug 2022
Listed for Rent
$1.71k/w
29 Mar 2016
  • 18 Aug 2022
    Sold for $4,400,000
  • 15 Jul 2022
    Listed for Sale Contact Agent
  • 16 Dec 2015
    Listed for Rent $89,000 / year
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About Armadale 3143

The size of Armadale is approximately 2.2 square kilometres. It has 7 parks covering nearly 2.9% of total area. The population of Armadale in 2016 was 9054 people. By 2021 the population was 9368 showing a population growth of 3.5% in the area during that time. The predominant age group in Armadale is 30-39 years. Households in Armadale are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Armadale work in a professional occupation.In 2021, 52.60% of the homes in Armadale were owner-occupied compared with 52.40% in 2016.

Armadale has 7,093 properties. Over the last 5 years, Houses in Armadale have seen a 10.76% increase in median value, while Units have seen a -2.59% decrease. As at 31 December 2025:

  • The median value for Houses in Armadale is $2,588,683 while the median value for Units is $681,788.
  • Houses have a median rent of $850 while Units have a median rent of $610.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Armadale on OnTheHouse. According to Cotality's data, 364 properties were sold in the past 12 months in Armadale.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.