14-24 Pearl Street,
Northcote, VIC 3070
Medical & Consulting • Other
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
14-24 Pearl Street
Northcote, VIC 3070
Map of 14-24 Pearl Street
AN ICONIC OPPORTUNITY TO OCCUPY/INVEST OR VALUE ADD IN THE HEART OF NORTHCOTE – A TOP 10 VICTORIAN SUBURB
- Highly Valuable Exisiting Improvements
- Land Area of 2,895sqm*
- Offered with Vacant Possession
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 14-24 Pearl Street, Northcote – A highly regarded former residential Aged Care facility located in Melbourne’s inner north.
OVERVIEW
+Blue-chip and highly regarded former residential Aged Care facility with 75 beds (all single rooms with ensuite) maintained to the highest of standards and suitable for occupation
+Projected fully leased income of $640,000p.a* +
+High exposure location with over 69m* frontage to Pearl Street
+Substantial landholding of 2,895sqm* - One of the largest land parcels offered in the Northcote/ Clifton Hill area in a decade
+Ample street parking along Pearl street with an additional 12 at-grade spaces
+Existing building area of 3,617sqm* (RACF) offered with vacant possession
LOCATION
+Located under 20m* from High Street – one of Victoria’s most popular retail thoroughfares also providing direct access to the Yarra Trams network and Melbourne CBD
+Zoned General Residential, suitable for a variety of outcomes including Residential Aged Care, Land banking, Supported Residential Services , NDIS Accommodation or Healthcare development (STCA)
+Blue-chip North Melbourne location only 5.2km* to the Melbourne CBD with booming median house price growth of 33%* in the past 6 years ($1,555,000*)
+A stones throw to diverse lifestyle amenity including, bustling cafes and restaurants plus a wide array of shopping and lifestyle amenity including Northcote Plaza, High Street retail strip and more
EXPRESSIONS OF INTEREST CLOSED - OFFERS UNDER REVIEW
For further information, contact the exclusive sale and marketing agents:
Marcello Caspani-Muto
0417 065 7...
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
approx*
OVERVIEW
+Blue-chip and highly regarded former residential Aged Care facility with 75 beds (all single rooms with ensuite) maintained to the highest of standards and suitable for occupation
+Projected fully leased income of $640,000p.a* +
+High exposure location with over 69m* frontage to Pearl Street
+Substantial landholding of 2,895sqm* - One of the largest land parcels offered in the Northcote/ Clifton Hill area in a decade
+Ample street parking along Pearl street with an additional 12 at-grade spaces
+Existing building area of 3,617sqm* (RACF) offered with vacant possession
LOCATION
+Located under 20m* from High Street – one of Victoria’s most popular retail thoroughfares also providing direct access to the Yarra Trams network and Melbourne CBD
+Zoned General Residential, suitable for a variety of outcomes including Residential Aged Care, Land banking, Supported Residential Services , NDIS Accommodation or Healthcare development (STCA)
+Blue-chip North Melbourne location only 5.2km* to the Melbourne CBD with booming median house price growth of 33%* in the past 6 years ($1,555,000*)
+A stones throw to diverse lifestyle amenity including, bustling cafes and restaurants plus a wide array of shopping and lifestyle amenity including Northcote Plaza, High Street retail strip and more
EXPRESSIONS OF INTEREST CLOSED - OFFERS UNDER REVIEW
For further information, contact the exclusive sale and marketing agents:
Marcello Caspani-Muto
0417 065 7...
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
approx*
Additional information
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Property ID: 503891310Last Updated: 12 Nov 2021
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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