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.