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

926 High Street
Armadale VIC 3143

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 205m2
Land area: 759m2
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Property Details for 926 High St, Armadale

Building Type
Commercial
Floor Size
205m2
Land Size
759m2
Local Government
Stonnington
Lot/Plan
1/TP96642

Last Listing description (October 2023)

CBRE Melbourne Strip Retail Investments are proud to present to the market, 'Mossgreen' 926-930 High Street, Armadale being offered for sale via International Expressions Of Interest closing Wednesday 28th June 2017 at 5:00pm.

- A classic and striking 2-storey retail building with more than 20 metres* of High Street frontage and additional rear land for car parking plus future development

- High quality 1,400sqm* building having recently undergone major refurbishment, providing strong depreciation tax benefits

- Extremely rare 12 year net lease to Australia's leading international auction house 'Mossgreen', including popular tea rooms and gallery spaces

- Strategically positioned 1,221sqm* double fronted
land holding adjoining Armadale Train Station, at the heart of Melbourne's most affluent suburbs including Armadale, Toorak and Malvern (all $2m+ median house prices)

- Annual income of $481,960 per annum* as at September 2017) with favourable 3.5% rental increases every year, plus the benefit of a mid-term market review in 2020

*approx

Should you wish to discuss this exciting opportunity further, please contact any of the below exclusive selling agents:

Josh Rutman
0411 273 746

Rorey James
0439 400 081

Lewis Tong
0421 870 833

Property History for 926 High St, Armadale, VIC 3143

A timeline of how this property has performed in the market
Last Sold
$2,080,000
17 Oct 1995
Listed for Rent
09 Apr 2019
  • 23 Apr 2018
    Listed for Rent - Price not available
  • 25 May 2017
    Listed for Sale EXPRESSIONS OF INTEREST
  • 09 Mar 2013
    Listed for Rent - Price not available
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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.

Suburb Insights for Armadale 3143

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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.