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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