Located at 1111 High Street, Armadale, this blue-chip 1,773 sqm landholding* boasts triple street frontage and a commanding presence at the intersection of High Street and Huntingtower Road—one of Australia’s most desirable retail and residential pockets.
Five ownership groups have joined forces to offer the property as a consolidated site, featuring approximately 3,000 sqm of building area and 55 car parks. The tenancy mix includes high-end residential agency Marshall White, Chemist Warehouse, Purebaby, Institchu, and Skin Threads.
While the site offers strong investment fundamentals, it also presents a unique opportunity for land bankers and developers looking to secure one of Australia’s premier corner addresses. Carr Architects has produced a scheme across the site showing a substantial mixed-use project.
Cushman & Wakefield’s Oliver Hay, George Davies, Daniel Wolman, and Leon Ma are managing the sales campaign.
"This is an exceptional opportunity to acquire an irreplaceable landholding in one of Melbourne’s most sought-after retail and lifestyle precincts," said Oliver Hay, International Director & Co-Head of Investment Sales at Cushman & Wakefield.
"Given the strong demand for premium corner assets, we anticipate significant interest from both local and offshore buyers."
George Davies, Director at Cushman & Wakefield, added:
"With its prime location, strong tenant profile, and outstanding development potential, this site offers an attractive proposition for a range of investors. The recent sale of 1047-1051 High Street has set a strong benchmark, and we expect this asset to generate equal, if not greater, levels of interest."
This campaign follows the high-profile sale of 1047-1051 High Street, Armadale, which was transacted in October 2024 for $11,405,000, reflecting a land rate of $22,810/sqm and a yield of 2.65%. That auction ran for two hours before a local investor secured the property.
Given the increasing demand for high-profile corner sites, this new listing is expected to draw strong interest from investors, land bankers, and developers looking to secure one of the last remaining major corner sites in the area.
Cushman & Wakefield Middle Markets is offering 1111 High Street for sale via International Expressions of Interest.
