Grace Antiques Armadale to Close. Site Sold For $3.6 Million

IT’s almost as old as the furniture it sells, but soon – Armadale retail institution Grace Antiques will close its doors for good.
 
The 35-year old business will have a closing down sale, and shut, after its owners sold the 1118 – 1120 High Street shop to another owner occupier – a menswear store, for $3.6 million.
 
Beller Commercial’s Michael Ryan and Fred Nucara said the new buyer will undertake a major renovation before opening in the popular Armadale shopping strip next year.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.