Information Memorandum_86B Kooyong Road, Armadale

Page 1


ARMADALE ARMADALE

86B KOOYONG ROAD

86B KOOYONG ROAD, ARMADALE

86B KOOYONG ROAD, ARMADALE

Point of interest

Two former churches interconnected, one of which has been fully fitted as an office.

1,438 sqm* total land area.

821 sqm* total building area.

General residential zoning (GRZ) Schedule 10. Prominent corner site with character-rich architectural elements.

7 on-site car spaces.

Potential for adaptive reuse, development, or boutique residential project (STCA).

40 m* from High Street’s nationally-renowned boutique retail precinct.

Large open-plan church hall with timber floors and cathedral ceilings.

220 m* to Armadale Railway Station.

700 m* to Dandenong Road.

Not all conversions need divine intervention — some just need the right postcode, the right bones, and the right buyer. A heritage-listed church with high ceilings, high visibility, and even higher potential, this character-filled Armadale diamond is a rarity for creatives, developers and occupiers with vision.

Point of view

DANIEL PHILIP 0439 977 121

DANIEL.PHILIP@CVA.MELBOURNE

“With stained glass, soaring ceilings, and a floorplan that champions flexibility, this place of worship now offers a place to work, create, gather or grow.”

An agent that turns first impressions into lasting commitments. Since the early days of his career, Daniel has established a level of service that is defined by in-depth market knowledge, expert advice and responsive communication. Committed to creating value in the commercial real estate opportunities he matches with his clients’ objectives, and the ability to think outside the square. Especially if that extends well beyond Melbourne’s inner-city grid.

IAN ANGELICO 0418 336 088

IAN.ANGELICO@CVA.MELBOURNE

“On a prized corner in blue-chip Armadale, this site is beautifully preserved and brilliantly positioned to become the kind of landmark asset that design-lovers dream of discovering — and not to be missed.”

In more than 35 years, Ian has witnessed the successful signing of more than two thousand commercial real estate transactions – which is more of a legacy, than a track record. And it’s one that has been achieved by adopting a methodical approach amongst a myriad of changing variables. It’s one that has been sharpened through his holistic exposure to commercial projects across all points of Melbourne. By focusing on maximising each property’s profitability, Ian ensures that at the end of the day, it’s maximising value that determines his success.

PROPERTY DETAILS

Built to inspire and positioned to perform, this heritage church is ready for its second coming. There’s character in this corner block, sitting within one of Melbourne’s most tightly held suburbs — all dressed in cathedral ceilings and timber floors. A place of worship with a renovated interconnected office component providing short-term income. This landmark Armadale freehold combines iconic architecture with rare functionality and blue-chip landholding fundamentals.

Set across 821 sqm* of building on a 1,438 sqm* site, the property features two interconnected buildings incorporating a soaring main hall, light-filled flexible internal floorplan, off-street parking — all framed by the kind of heritage detail that can’t be built again. Zoned General Residential (GRZ), it offers immediate passive income and serious scope for adaptive reuse or future repositioning (STCA).

Whether you’re thinking wellness studio, design showroom, creative HQ or highend residential, this one’s got the architectural gravitas and the corner frontage to back it up.

PROPERTY PARTICULARS

PRINCIPAL OUTGOINGS

Outgoings xxxx

ZONING

General Residential Zoning (GRZ) Schedule 10

site details Frontage

Kooyong Road: 26.2m*

Clarendon Street: 54.9m* 1,438 sqm* total land area

title particulars

Lot. 1 TP611245

Lot. 1 TP619452

Lot. 1 TP14589

planning overlays

DCPO - Development Contributions Plan Overlay HO407 - Heritage Overlay (Ho407) SBO2 - Special Building Overlay - Schedule 2

municipality The City of Stonnington

location

all signs point to: kooyong road

Loyal locals with deep pockets.

A few steps to High Street and walking distance to Glenferrie Road, this address gives you front-row access to Melbourne’s most curated retail and wellness offerings — and their frequent customers. Think MECCA, Camilla & Marc, Toorak Cellars, Moby 3143, Amaru, Leaf food store, and Mammoth, plus a rollcall of pilates studios, designer flagships and cult brunch spots.

Blue-chip bones with CBD reach.

Armadale Railway Station is just 220 m* away, with trams and major arterials making the city and southeast a straight run. Combine that with the suburb’s deep-set residential affluence and tightly held commercial stock, and you’ve got a catchment with spending power — and staying power.

Ripe for repositioning.

With rising demand for boutique character assets in walkable, high-net-worth suburbs, this location has all the right ingredients for adaptive reuse or creative commercial play. Wellness brands, private consulting firms, architectural showrooms and strata-office developers are already here — and they’re only becoming more popular.

and the point?

This isn’t just postcode cachet. It’s one of the last beautiful heritage sites within this blue-chip suburb, making it striking in scale, stature and opportunity.

suburb profile

Once quietly refined, now unapologetically in demand. Armadale has long been known for its leafy streets, heritage homes and top-tier schools — but in recent years, it’s evolved into one of Melbourne’s most curated commercial and lifestyle precincts. What was once purely residential is now a hotbed for high-end retail, elevated hospitality and boutique business, anchored by High Street’s luxury lineage and a new wave of design-conscious development.

With a median house price of $2.6M* and a tightly held commercial strip that rarely trades hands, Armadale is a suburb with both affluence and aspiration baked in. Its demographic continues to skew toward high-income professionals and established families, with a median household income of $2,814 per week*, well above the state average. vv

Positioned just 7 km* from the CBD with Armadale railway station, Glenferrie Road, and multiple tram routes nearby, this pocket delivers rare walkability for a suburb of its calibre. That accessibility has turned Armadale into a magnet for design studios, consulting firms, boutique medical, wellness operators, and strata-office developers chasing quality and postcode prestige.

Commercial opportunities here are few and far between, but character-filled assets like this one are particularly rare. With new high-end developments and adaptive reuse projects adding polish without losing charm all around the pocket, Armadale isn’t just keeping up with the times — it’s setting the tone.

a planning point of view from upco

86B Kooyong Road, Armadale occupies a generous corner site nestled in a residential street immediately behind the busy retail and commercial corridor of High Street. The site is occupied by the Armadale Wesleyan Church and Church Hall – both of which are recognised as valuable local heritage assets. The property offers a unique opportunity for adaptive re-use in a location with excellent access to activity centre amenities and services, including public transport links.

Zoning

The site is located in the General Residential Zone Schedule 10 – Garden River and Garden Suburban Precinct, the purpose of which is, naturally, to encourage housing growth but also to allow a range of non-residential uses to serve local community needs in appropriate locations. Being proximate to High Street and having historically accommodated a place of worship in protected, purpose-built structures, the site is a perfect candidate to accommodate a non-residential use or uses in line with the purpose of the zone.

Adaptive Re-use

Both the church and church hall are identified as valuable heritage buildings, including the spire and brick boundary fencing. The building linking the church and hall is a later addition and is not considered significant.

Whilst the heritage importance of the existing buildings may limit the extent of external alteration and new work that can occur, the heritage buildings are excellent candidates for adaptive re-use. Internal alteration controls do not apply. Permissible uses that may be well suited include a medical centre, education centre (including school, tertiary education or employee training), food and drink premises, art gallery or a function centre.

Provision of car parking will be a consideration for any proposed alternative use. It is relevant that the established use has always operated with limited on-site parking supply, and moreover art gallery and function centre uses have the same parking requirement as a place of worship use.

Any proposed alterations to the external fabric of the heritage buildings, including extensions and additions, should be informed by a qualified heritage consultant.

In UPco’s view, the site presents a unique and exciting opportunity to re-purpose an important local heritage asset in an excellent location with convenient access to established activity centre infrastructure.

UPco is a specialist statutory planning collective based in Melbourne. If you’d like to learn more, view the UPco Company Profile here

planning advice

This site summary has been prepared by Marc Ellenbroek. If you’d like to discuss this site, get in touch with UPco.

sales process

expression of interest closing 21st August 3.00PM

At CVA, we provide prospective purchasers full transparency, fairness, and respect during the EOI process.

To make our point, we’ve defined and outlined the process below so you’re across it prior to submitting an offer.

1. Submitting Offers:

Offers are due no later than the date and time advertised for the EOI campaign. They must be submitted through this form with every section completed, signed and emailed to the relevant contact persons by campaign closure. Any offers submitted after this time will be deemed as non-compliant.

Our point of view: we strongly encourage all interested parties to submit their best offer, as the vendor reserves the right to accept an initial offer or to deal exclusively with certain offers in a second round.

2. Review Process:

All offers will be compiled and presented to the vendor for their consideration after the closing of the EOI campaign.

Upon feedback, we will contact all parties promptly to communicate the vendors instructions relating to their offer.

In the event of a second round, we will request all offers to be provided on a contract of sale with a deposit payable to the CVA Trust account, for the vendor’s consideration.

CLIENT:

SCHEDULE

86B KOOYONG ROAD TITLE DETAILS LOT 1 - TP611245 LAND AREA 1,438 m² LOT 1 - TP14589 BUILDING AREA 821 m² LOT 1 - TP619452 CAR PARKING 6 SPACES

(SITE VISIT 27/06/2025)

DISCLAIMER: THIS PLAN HAS BEEN PREPARED FOR MARKETING PURPOSES ONLY. INTERESTED PARTIES SHOULD UNDERTAKE THEIR OWN ENQUIRIES AS TO THE ACCURACY OF THE INFORMATION. AREAS ARE APPROXIMATE AND DIMENSION ROUNDING MAY RESULT IN AREA DISCREPANCIES. ALL LAND INFORMATION TAKEN FROM THE TITLE PLAN. LAND AREAS IDENTIFIED HERE-IN ARE NOT KNOWN TO TITLE AND HAVE BEEN CALCULATED FROM MEASUREMENTS DISPLAYED ON TITLE. BOUNDARIES HAVE NOT BEEN DEFINED.

SITE PLAN

86B KOOYONG ROAD, ARMADALE, VIC

86B KOOYONG

KOOYONG ROAD CHURCH

GROUND FLOOR

CLARENDON STREET

SCHEDULE

86B KOOYONG ROAD GROUND FLOOR CHURCH MEZZANINE OFFICE TOTAL AREA AMENITIES A AMENITIES

Expressions of Interest Form

Point of interest: 86B Kooyong Road, Armadale

Complete this form and return it to our office via email or post by Thursday 21st August at 3.00PM.

ADDRESS TO: CVA Property Consultants

Attention: Daniel Philip, Ian Angelico

POST or HAND DELIVER 18-20 Russell Street, Melbourne VIC 3000

E-MAIL

Please submit your offer to the agent you have been working with throughout the campaign.

daniel.philip@cva.melbourne ian.angelico@cva.melbourne

Purchasing Entity Entity/Individual: Address:

Attention: ABN: Telephone: Email:

Proposed Purchase Terms

Purchase Price: Deposit (%): Settlement Period: Conditions:

Solicitor Company: Attention: Address: Telephone: Email:

NOTE: The Vendor has the right, at its sole discretion, to vary the sales process, to postpone or cancel the sale of the property and to modify or add any terms and conditions to any proposed contract of sale or Vendor’s Statement which may be made available to a potential purchaser.

Road, Armadale

Additional information or special conditions, which supports or clarifies a Registrant’s submission, may be annexed to this ‘Expressions of Interest Form’. The Contract of Sale & Vendor’s Statement has been available during the marketing campaign and parties acknowledge that they have received a copy

Signed for and on behalf of the Purchasing Entity Date

Name of Signatory (PLEASE PRINT)

Expressions of Interest Process:

At CVA, we provide prospective purchasers full transparency, fairness, and respect during the EOI process

To make our point, we’ve defined and outlined the process below so you’re across it prior to submitting an offer.

1. Submitting Offers:

Offers are due no later than the date and time advertised for the EOI campaign. They must be submitted through this form with every section completed, signed and emailed to the relevant contact persons by campaign closure. Any offers submitted after this time will be deemed as non-compliant.

Our point of view: we strongly encourage all interested parties to submit their best offer, as the vendor reserves the right to accept an initial offer or to deal exclusively with certain offers in a second round.

2. Review Process:

All offers will be compiled and presented to the vendor for their consideration after the closing of the EOI campaign.

Upon feedback, we will contact all parties promptly to communicate the vendors instructions relating to their offer.

In the event of a second round, we will request all offers to be provided on a contract of sale with a deposit payable to the CVA Trust account, for the vendor’s consideration.

NOTE: The Vendor has the right, at its sole discretion, to vary the sales process, to postpone or cancel the sale of the property and to modify or add any terms and conditions to any proposed contract of sale or Vendor’s Statement which may be made available to a potential purchaser.

ARMADALE ARMADALE

86B KOOYONG ROAD

Disclaimer: This report has been compiled on the basis of information available. Though efforts have been made to verify or establish the accuracy of all material, it is not possible to warrant that it is accurate. Some predictions are estimates only and necessarily based on assumptions which may not occur. All parties should make their own independent enquires with regard to all the information contained in this report. The report is intended to be general information only and will not form part of any contract nor is it to be taken as any form of any representation, warranty or inducement. The agents and representatives do not accept any responsibility for and will not be liable in respect of any of the contents of this report.

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