863 High Street, Armadale

863 High Street is a five-level office building with ground floor retail (gym) and 62 basement car spaces. Armadale is a very affluent residential location which has been a historically strong performing office market, with limited competing stock. The extensive street frontage gives the building a strong presence which is enhanced by the architecturally designed facade. Armadale Train Station is located 200 metres away from the property while several tram services operate along High Street.

Vantage purchased the asset in 2012 with approximately 50% vacancy and soon after embarked on an formal leasing strategy. The quality management and proactive approach resulted in extremely positive leasing traction. The asset is currently fully leased with a strong Weighted Average Lease Expiry (WALE).