Premium Retail Investment – Iconic Leaf Grocer, Armadale
For Sale | Asking Price: $6,000,000

An exceptional opportunity to secure a trophy retail investment in the heart of High Street, Armadale — one of Melbourne’s most tightly held and affluent retail strips.

Situated within the striking Carr-designed 833 High development by Moda, this expansive 543sqm* ground floor retail space is home to Leaf, a boutique organic grocer with a loyal customer base and multiple successful locations across Melbourne.

Key Investment Highlights:
Long-Term Lease: 10 years from June 2022 + 3 x 5-year options

Secure Income: Returning $301,175 per annum (incl. GST & outgoings)

Annual Increases: CPI, with market review at option

Generous Space: 543sqm* with high-end fit-out and full street frontage

High Exposure: Positioned in a landmark mixed-use building on bustling High Street

10 On-Title Car Parks: A rare and valuable asset in this location

Strong Covenant: Leaf is a premium operator with stores in Elwood and Hawthorn

ANZ Bank Guarantee:

Net Rent - Tenant pays Retail Lease Outgoings

This is a rare opportunity to acquire a blue-chip retail investment in a premier Melbourne suburb, surrounded by luxury retailers, lifestyle amenities and strong residential density.

For more information or to arrange an inspection, contact: Scott Banks 0411 700 099
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For Sale
Property Details
Floor Area 543m²
Parking 10
Annual Return 5%
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Scott Banks
Managing Director

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