Teska Carson is pleased to present 1100 High Street, Armadale for Sale by Public Auction on Wednesday 27th May at 12 noon on-site.The key highlights of the opportunity include:- Long-standing Armadale tenant Calma Spa & Skin Clinic- Land holding of 230m2* with rear access- Two level building of 400m2*- Current income of $117,000 p.a. plus GST and Outgoings- Annual rental increases- Surrounded by a range of premium national and international retailers including MECCA, AESOP, COS and Zimmerman plus artisan cafs and celebrated dining destinations- Armadale is one of Melbournes most affluent suburbs with a strong median house price and supported by a prosperous catchment in the immediate surrounding suburbs of Toorak, Malvern, Prahran and South Yarra- Offered to the market for the first time in over 50 yearsPlease do not hesitate to contact the listing agents for further information or to arrange an inspection*approx.
The size of Armadale is approximately 2.2 square kilometres. There are 7 parks, covering nearly 2.9% of the 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 7,091 properties. Over the last 5 years, Houses in Armadale have seen a 4.08% increase in median value, while Units have seen a 2.35% increase. As at 31 May 2026:
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