1147-1151 High StreetArmadale VIC 3143
Property Details for 1147-1151 High St, Armadale
Last Listing description (November 2021)
Fitzroys is delighted to present For Sale by Expressions of Interest closing Wednesday 17 November, a quality land rich asset located at 1147-1151 High Street, Armadale
- High profile property located within the heart of one of Melbourne's strongest performing retail strips with consistently low vacancy rates
- Well-proportioned site of 425sqm* provides a range of future development outcomes
- Valuable rear and side laneway access plus on-site parking
- Building comprises ground floor retail showroom plus separate immaculate double storey 3 bedroom residence
- Leased to long standing tenant Armadale Antique Centre (lease expiring 31 July 2022)
- Returning $215,120 per annum plus GST
- Surrounded by a plethora of high end retailers including Sportscraft, Scanlon Theodore, Zimmermann, Aesop, Mecca Cosmetics, Decujba, Seed, Gorman along with Woolworths and a host of notable cafes and restaurants
- Directly in front of tram stop and a short walk to Armadale train station
- High Street services an exclusive catchment of Melbourne most prestigious suburbs including Toorak, South Yarra, Armadale, Malvern and Prahran
- This highly versatile property is suited to investors, owner occupiers and developers (stca)
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 17TH NOVEMBER AT 2pm
*approx.
Property History for 1147-1151 High St, Armadale, VIC 3143
- 20 Nov 2021Sold for $6,150,000
- 13 Oct 2021Listed for Sale Contact Agent
- 18 Mar 1993Sold for $650,000
Recent sales nearby
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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.
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