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523 High Street Northcote, VIC 3070

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523 High Street,
Northcote, VIC 3070

Shops & Retail

Key property information

Land area

Floor area

Tenure type

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Map of 523 High Street

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Own A Piece of the Coolest Street In The World Upcoming Open For Inspections Sat 11th May 10:00 AM - 10:30 AM

Sale by SET DATE: Thursday 2nd May at 6:00pm (unless sold prior)


Barry Plant Northcote is pleased to offer this premium commercial opportunity and versatile offering with strategic location and adaptable zoning and undeniable potential with a Special Overlay of 5 storeys development (STCA)

Located amongst Blue Chip retail traders, High St Shopping, restaurant/cafes Northcote Plaza, trains and trams ALL AT YOUR DOOR STEP.

With easy access to Melbourne CBD only 7.5km.

Property Features:
-Commercial 1 Zoning
-Land Area 234 m2
-Building Area 190 m2
-Wide rear access Via Dual right of way with T junction

-Dual Rental return

-Shop front retail - Floor area approx. 50 m2
-Kitchenette and Powder room
- $2,520.00 per month

-Dwelling double storey - 2 bedroom
-Large rear garden with brick lock up garage
- $2,433.00 per month

-Total Investment return $59,436.00 PA
-Special overlay 5 Storey Multi Unit Development Opportunity (STCA)

Northcote, 3070 demographic data

The median household income for Northcote is $2,287, 20% higher than Greater Melbourne's household income of $1,901. Northcote has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 49% of property owners in Northcote have a mortgage.

25,276
Population
$2,287 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
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523 High Street
Northcote, VIC 3070

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