Stonebridge Property Group is proud to present for sale 1027-1029 High Street, Armadale.

The key highlights of the opportunity include:

– A prestigious Armadale freehold leased by stalwarts of High Street – international fashion retailer Zimmermann & Rose Street Trading Co

– Strategically located in the epicentre of High Street’s luxury retail mecca between Kooyong & Huntingtower Road’s on the prominent corner of Baldwin Street

– Set amongst the biggest names in Australian & international retail notably Country Road (adjoining), Dion Lee, Scanlan Theodore, Aesop, Mecca & more

– Anchored by Zimmermann (renewed 6-year net lease), a household name in high-end fashion founded in 1991 and now spanning a global network of 53* stores throughout the USA, China, Australia and Europe

– Boasting unrivalled investment/future development fundamentals with 48 m* of triple street frontage to High Street’s strongest trading retail pocket and 253 sqm* of underlying, favourably zoned land – ‘preferred height of 5 storeys^’ (STCA)

– A versatile and separately titled 359 sqm* double level building with premium retail shopfront exposure and an open plan, separately accessed (via Baldwin Street) level-one office

– Comprising two vendor favoured leases with no further options from Jun-2028. This flexibility provides value-add, occupier and rental growth possibilities in the short-medium term

– Zimmermann are backed by Milan-based Style Capital, the fashion focused private equity firm also has substantial stakes in the likes of Forte-Forte, MSGM, Re/Done & Luisaviaroma

– 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 & $3,260,000)^^

*Approximately
^ City of Stonnington – Activity Centre Structure Plan
^^ Realestate.com.au

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

Nic Hage
0448 782 594

Rorey James
0439 400 081

Sarah Xi
0468 320 297

Property Code: 497