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

708 High Street
Armadale VIC 3143

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 184m2
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Property Details for 708 High St, Armadale

Building Type
Commercial
Land Size
184m2
Local Government
Stonnington

Last Listing description (June 2022)

Aston Commercial in conjunction with Premier Commercial are pleased to offer the two properties located at 708 & 710 High Street, Armadale for Public Auction on Thursday 16th June at 12 noon on-site.

This is an incredibly rare opportunity to acquire two adjoining freehold titles in one of Melbourne's most sought-after city fringe locations. Located on the southern side of High Street near the intersection of Orrong Road.

Currently leased generating income from both properties there is the potential to occupy or invest but also to develop the site in the medium term unlocking a modern mixed use development.

These two properties are to be Auctioned as one!

Property Highlights
708 High Street:
Land Area: 194 sqm*
Building Area: 108 sqm*
Lease Term: Three (3) years with a further option
Long standing tenant La Dolce Vita
Shop & Residence
Rear roller door access and parking

710 High Street:
Land Area: 185 sqm*
Building Area: 126 sqm*
Overholding month to month tenancy
Ability to occupy
Rear Access

For further information or to arrange an inspection please contact the exclusive selling agents.

Aston Commercial
Liam Rafferty 0421 886 655
Fred Nucara 0418 567 560

Premier Commercial
Jason Perry 0412 560 510

*approx.

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Property History for 708 High St, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$910,000
16 May 2016
  • 19 May 2022
    Listed for Sale Contact Agent
  • 16 May 2016
    Sold for $910,000
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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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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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