112-116 High Street,
Northcote, VIC 3070
Development Sites & Land • Shops & Retail
Detailed listing
Key property information
Land area
Floor area
Zoning
Sold on
Nelson Alexander Commercial - FITZROY
187 Gertrude StFITZROY, VIC 3065
112-116 High Street
Northcote, VIC 3070
Detailed listing
Map of 112-116 High Street
The ‘Trifecta’ – 3 Shops on 1 Title with Huge Upside
- Passing income of $97,397.92 pa*
- Invest or Develop (STCA)
- Strong value-add proposition
Nelson Alexander Commercial are pleased to present 112-116 High St Northcote For Sale Via Public Auction on Friday 17th November at 12pm.
Key features of this outstanding opportunity:
> Substantial 16.4m* frontage with 550sqm* of land and excellent rear access via ROW.
> Comprising three separate tenancies and passing income of $97,397.92 pa* with strong rental upside.
> Strong value add opportunity either via lease renewals, subdivision, or redevelopment (STCA).
> Positioned in Westgarth Village in Northcote, voted Melbourne's ‘Most Livable Suburb' two years in a row and boasts a median house price of $1,650,000.
> Surrounded by established and popular Terra Madre, Barry Café, Primo Pizza and the iconic Palace Westgarth Cinema.
> Only 4km* from Melbourne CBD and well serviced by public transport via tram (at doorstep) and train (Westgarth Station 250m*).
112-116 High St Northcote is offered For Sale via public Auction on Friday 17th November at 12pm. For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial.
Open For Inspection Schedule
Thursday 9th November: 11:00am -11:30am
Thursday 16th November: 11:00am -11:30am
+Kristian Lunardi | 0401 810 5...
+Ethan Wong 黄乙辉 | 0427 349 0...
+Jake Jenkins | 0438 042 546
*Approx.
Key features of this outstanding opportunity:
> Substantial 16.4m* frontage with 550sqm* of land and excellent rear access via ROW.
> Comprising three separate tenancies and passing income of $97,397.92 pa* with strong rental upside.
> Strong value add opportunity either via lease renewals, subdivision, or redevelopment (STCA).
> Positioned in Westgarth Village in Northcote, voted Melbourne's ‘Most Livable Suburb' two years in a row and boasts a median house price of $1,650,000.
> Surrounded by established and popular Terra Madre, Barry Café, Primo Pizza and the iconic Palace Westgarth Cinema.
> Only 4km* from Melbourne CBD and well serviced by public transport via tram (at doorstep) and train (Westgarth Station 250m*).
112-116 High St Northcote is offered For Sale via public Auction on Friday 17th November at 12pm. For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial.
Open For Inspection Schedule
Thursday 9th November: 11:00am -11:30am
Thursday 16th November: 11:00am -11:30am
+Kristian Lunardi | 0401 810 5...
+Ethan Wong 黄乙辉 | 0427 349 0...
+Jake Jenkins | 0438 042 546
*Approx.
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
Nelson Alexander Commercial - FITZROY187 Gertrude St
FITZROY, VIC 3065
FITZROY, VIC 3065
More properties from Nelson Alexander Commercial - FITZROY
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
491 High Street,Northcote, VIC 3070 102 m²Shops & Retail • Development Sites & Land • Offices