Beatty Avenue, Armadale Investment Opposite Toorak Station - $800k+
12 Beatty Avenue, Armadale VIC
Closing Soon

Stonebridge Property Group is pleased to present for sale 12 Beatty Avenue, Armadale.

 

The key highlights of the opportunity include:

  • Lu La Belle Studio is a well-known and established hair salon servicing the local Armadale community, boasting a perfect Google Review of 5 stars
  • The strategic position opposite Toorak Station provides valuable exposure to 11,200* commuters weekly (582,450* per annum)
  • Tenanted on a vendor favoured 5-year lease with 5% annual rental increases
  • The 5-year net lease with no options, gives the successful buyer the flexibility to potentially occupy from 2027, providing a rare opportunity for occupiers looking to break into the affluent precinct
  • The highly trafficked strip of Beatty Avenue provides host to long standing tenants including Saki’s Coffee, Sonny Chiba, Toorak Cellars, Enso Osteopathy & Wellness, Neighbourhood Pizza and Mellman Agency
  • Beatty Avenue benefits from proximity to Toorak Train Station, the sporting facilities of Toorak Park and Orrong Sporting Precinct and a multitude of high density apartment developments within the Toorak Park Complex
  • Armadale is highly vibrant and electric inner city suburb of Melbourne. The Beaty Avenue retail strip benefits from the affluence of Armadale and surrounding suburbs that boast median house prices of $2,560,000 (Armadale), $5,000,000 (Toorak) and $3,220,000 (Malvern)^
  • Annual rent $45,000* + GST + Outgoings

* Approximate
^ realestate.com

 

12 Beatty Avenue, Armadale is offered for sale via Public On-Site Auction Friday 18th August 2022 at 11am (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Listing Map
Listing Map

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