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Armadale’s High Street has undeniably solidified its position Melbourne’s most coveted retail destinations.
Situated merely 7 kilometres east from Melbourne’s CBD, the rip boasts an established presence, featuring an array of high-end retailers, wine bars and casual eateries. its exclusive ambience and diverse offerings, High undergone a notable transformation over the past years, evolving from a bridal-focused area to a hub for fashion and premium dining.
other retail strips, High Street Armadale stands in with a remarkably low vacancy rate of only tightly-held nature is attributed to its diverse mix , including upscale luxury brands such as Theodore and Viktoria & Woods, as well as popular operators like Fishbowl and Lune Croissants.
in success is set to fuel steady capital growth for property owners in the vicinity. With prominent to the retail strip for tenancy or ownership, continues to magnetise affluent residents with considerable spending power. Its broad appeal, spanning demographics, makes it a rarity in its ability to appeal and older generations, setting it apart from other comparable shopping strips.
The recent sale of a corner retail property at 1143 High Street, Armadale, for $2.25 million following a successful leasing campaign underscores the strong demand for properties in this area. Garnering 45 enquiries and attracting multiple lease offers within just two weeks of the campaign’s launch, it is clear that both tenants and buyers are eager to seize opportunities along the strip.
With its appeal across demographics and a thriving commercial environment, High Street, Armadale solidifies its position as one of the top retail strips in Melbourne.
Aston manages a number of commercial properties along the strip and has assisted many of the owners and tenants with their property journeys.
With High Street, Armadale safely ranking as one of Melbourne’s top retail and hospitality strips, there is no better time to secure your own slice of commercial excellence.
Whether you are looking to lease, buy or sell, we are here to assist you with your requirements.
For a confidential property discussion, get in touch with our team.
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We do our homework, identify unique strategies and make informed recommendations that are not often aligned with traditional thought.
We do our homework, identify unique strategies and make informed recommendations that are not often aligned with traditional thought.
We do our homework, identify unique strategies and make informed recommendations that are not often aligned with traditional thought.
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