Share this property

realcommercial.com.au

490 High Street Northcote, VIC 3070

Directions

490 High Street,
Northcote, VIC 3070

Shops & Retail • Offices • Development Sites & Land

Price information

Sale

$2.5 million

Key property information

Land area

Floor area

Car spaces

Property extent

Zoning

Municipality

Tenure type

Private inspections

to arrange a private inspection.

Map of 490 High Street

Directions
  • Train stations within 5 km of 490 High Street, Northcote, VIC 3070Distance
    Croxton Station255 m
    Northcote Station638 m
    Thornbury Station1.1 km
    Merri Station1.5 km
    Westgarth Station1.7 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 490 High Street, Northcote, VIC 3070Distance
    35-Dennis St/High St (Northcote)29 m
    36-Darebin Rd/High St (Thornbury)243 m
    34-McCutcheon St/High St (Northcote)251 m
    34-Bent St/High St (Northcote)277 m
    33-Separation St/High St (Northcote)440 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 490 High Street, Northcote, VIC 3070Distance
    Northcote Shopping PlazaHunter St240 m
    High St/Arthurton Rd (Northcote)427 m
    High St/Separation St (Northcote)464 m
    Northcote LibrarySeparation St484 m
    St David StDennis St518 m
    POWERED BY HERE ©
POWERED BY HERE ©

INVEST NOW RE-DEVELOP LATER

  • HIGH STREET FRONTAGE OF 13.2 METRES
  • DUAL INCOME WITH TWO SEPARATE TENANCIES
- Substantial freehold land with a solid building over two levels in the centre of Northcote's bustling High Street cafe, restaurant and retail precinct
- Boasting a 13.2 metre High Street frontage *
- Ground floor building area of
- First floor building area of 226sqm *
- Dual income rental return of 145sqm *
- Two tenancies both with separate front and rear access
- Commercial 1 Zoned land area of 479sqm approx *
- Rear right of way vehicle access to the off street parking
- Future development (STCA) is supported by a substantial underlying land holding, favourable zoning and surrounding height precedent with 5 to 8 level buildings located close by
- Surplus rear land, currently utilised as car parking for 6 vehicles, provides value-add scope for extension (STCA)
- On-title car parking is a rare & valuable attribute for High Street, Northcote and provides flexibility with respect to 'potential' uses
- Strategically located within close from Northcote Shopping Plaza - The established centre is set for a $500 million redevelopment that includes 605 apartments and a standalone office tower
- Northcote - voted Melbourne's 'Most Liveable Suburb' two years in a row boasting a median house price of $1,650,000
- High Street is home to an exciting mix of service and retail tenancies creating a 7-day per week trading environment

* Approximate

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 2...
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 7...
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.

Additional information

Property ID: 504280672Last Updated: 28 Apr 2024

realcommercial.com.au logo
490 High Street
Northcote, VIC 3070
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.