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Multi-unit Property

26 Wattletree Road

Armadale VIC 3143, Australia

- Parking
339 m² Land size
$690,000 Last sale (2005)
Multi-unit Complex profile

About this property

yardizepropertyrecord

26 Wattletree Road, Armadale is a mixed‑use property comprising a long‑standing dry‑cleaning and laundry shop and an attached two‑bedroom residence. The site sits on a 359 m² allotment with about 12 m of street frontage on Wattletree Road and is zoned Residential 1, allowing residential development or mixed‑use upgrades subject to planning consent.

The business has operated for more than 26 years and the sale includes all fixtures and fittings, offering immediate commercial income potential. The location is in the inner‑suburb of Armadale, within the City of Stonnington, roughly 550 m from Armadale train station and directly on a tram corridor, providing high foot‑traffic and visibility.

Historical records show the property sold for $690,000 on 8 April 2005

Key details

Locality
Armadale
State
VIC
Coordinates
37.861173 / 145.017799
GNAF PID
GAVIC410776554
Legal parcel ID
1\TP845719
Property type
House
Land size
339 m²
Heritage overlay
None detected
Zoning
Residential 1
Land Use Category
Residential

Commercial property information

Armadale Valet Service
Dry‑cleaning and laundry
Business Dry‑cleaning
Not verified / may have moved

Business name appears in external directories for 26 Wattletree Rd; no explicit on‑site confirmation beyond Ascendre description.

Established dry‑cleaning and laundry service operating for more than 26 years.
Search ABN on Scoutize

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent per unit
$1,479
Expected property value per unit
$1,860,000
Estimated yield
4.13%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

Sales figures shown here are for individual units within the property, not the whole site.

EventDatePricePrice per m²
Sale
1 Nov 2007
Last recorded sale of the townhouse unit.
$419 k$1
Sale
8 Apr 2005
Individual unit transaction; unit not specified in source.
$690,000$2,035
Sale
6 Feb 1984
Individual unit transaction; unit not specified in source.
$85,000$250

Price per m² based on land size of 339 m².

Property insights

Recorded sales and leasing agents

Listing agent – James Tan (Senior Sales Consultant)
0402 582 063, james@ascendre.com.au Ascendre.com.au
Listing agent – Sun Chen (Director, CEA)
0411 823 668, sun@ascendre.com.au
Recorded sale agency (2007 sale)
Ascendre Real Estate recorded for the 2007 sale

Building profile

  • Long‑standing dry‑cleaning and laundry business operating >26 years, fixtures included, good signage exposure, rear parking access All business fixtures and fittings included in sale Ascendre
  • Redevelopment potential: Residential 1 zoning allows conversion to luxury townhouses or mixed‑use scheme subject to STCA

Area insights

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic
Read suburb profile

Real Estate Agencies

Ordered by:
Jellis Craig - Boroondara
8.2 km
Hawthorn 3121, Balwyn 3103, Glen Iris 3146, Surrey Hills, VIC 3127
Marshall White
Head Office Level 1, 1111 High Street, Armadale, VIC 3143
Marshall White - Stonnington
0.8 km
1111 High Street, Armadale, VIC 3143
Marshall White - Boroondara
5.3 km
801 Glenferrie Road, Hawthorn, VIC 3122
Jellis Craig - Fitzroy
7.7 km
189 Johnston Street, Fitzroy, VIC 3065
Gary Peer & Associates - Caulfield North
0.7 km
348 Orrong Road, Caulfield North, VIC 3161
Jellis Craig - Carnegie
4.5 km
6/14-22 Woorayl Street, Carnegie, VIC 3163
Buxton Glen Eira
4.7 km
319 Neerim Road, Carnegie, VIC 3163
Jellis Craig - Stonnington
1.1 km
High Street, Armadale, VIC 3143
Marshall White - Balwyn
7.8 km
379-381 Whitehorse Road, Balwyn, VIC 3103
Buxton - Port Phillip
3.4 km
15 Carlisle Street, St Kilda, VIC 3182
The Agency - Victoria
2.5 km
Vic Head Office | Level 3/489 Toorak Road, Toorak, VIC 3142
Fletchers - Glen Iris
3.5 km
1509 High Street (cnr Malvern Road), Glen Iris, VIC 3146
Ray White - Carnegie
4.5 km
77 Koornang Road, Carnegie, VIC 3163
Kay & Burton - Stonnington
2.4 km
Level 7, 505 Toorak Road, Toorak, VIC 3142
Jellis Craig - Port Phillip
5.9 km
332 Montague Street, Albert Park, VIC 3206
Belle Property Armadale - ARMADALE
1.1 km
1258 High Street, Armadale, VIC 3143
MRE - SOUTH YARRA
3.5 km
12 Yarra Street, South Yarra, VIC 3141
RT Edgar
6.2 km
1153 - 1157 Burke Road, Kew, VIC 3101
Shelter Real Estate
4.2 km
Camberwell 3124, Ashburton 3147, Glen Iris, VIC 3146
Little Real Estate - HAWTHORN
2.9 km
Suite 8/26-28 Hall Street, Hawthorn East, VIC 3123
Buxton - Stonnington
2.3 km
92 Chapel Street, Windsor, VIC 3181
RT Edgar
2.5 km
10 Wallace Avenue, Toorak, VIC 3142
Rabbitree Real Estate
7.8 km
Level 1, 718 High Street, Kew East, VIC 3102
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
St Joseph's Primary School
1.2 km
Primary school | Catholic
De La Salle College
1.3 km
Combined school | Independent
Malvern Central School
1.7 km
Primary school | Government
Caulfield Junior College
1.1 km
Primary school | Government
Lauriston Girls' School
1.2 km
Combined school | Independent
St Aloysius' School
1.6 km
Primary school | Catholic
Malvern Primary School
2.1 km
Primary school | Government
Armadale Primary School
1.0 km
Primary school | Government
Oakwood School
2.1 km
Secondary school | Government
The King David School
0.7 km
Combined school | Independent
Melbourne Grammar School - Grimwade House
1.3 km
Primary school | Government
Loreto, Mandeville Hall
1.5 km
Combined school | Catholic
Shelford Girls' Grammar
1.8 km
Combined school | Independent
Sacre Coeur
3.0 km
Combined school | Independent
Caulfield Grammar School
1.8 km
Secondary school | Independent
Korowa Anglican Girls' School
3.2 km
Combined school | Independent
Yeshivah and Beth Rivkah Colleges
1.7 km
Combined school | Independent
Guardian Childcare & Education Caulfield North
0.4 km
Malvern Early Learning & Child Care Centre
0.9 km
Winter St Early Years Service
1.0 km
* Approximate straight-line distances

Frequently asked questions

How many bathrooms are in the residence?

The residential unit includes one bathroom

All business fixtures and fittings included in sale Ascendre
Which suburb is the property located in?

The property is located in the suburb of Armadale, Victoria

En.wikipedia.org
How many bedrooms does the residence have?

The attached residence is described as having two bedrooms

Ascendre.com.au
What is the estimated market value of the residential component?

The estimated market value for the residential unit is approximately $1.86 million

All business fixtures and fittings included in sale Ascendre
What is the estimated weekly rent for the residence?

The residential component is estimated to rent for $910 per week

All business fixtures and fittings included in sale Ascendre
What type of business operates on the site?

A dry‑cleaning and laundry business occupies the commercial portion

Ascendre.com.au
How large is the land parcel?

The allotment size is 359 m²

Ascendre.com.au
What zoning applies to the property?

The site is zoned Residential 1, which permits residential development

Ascendre.com.au

Related profiles

Jump to the related profiles for 26 Wattletree Road, including the surrounding street and suburb pages.

Suburb profile

Armadale

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View suburb profile

Street profile

Wattletree Road

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View street profile