258 High Street,
Northcote, VIC 3070
Shops & Retail
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Woodards - Northcote Thornbury
460 High StreetNORTHCOTE, VIC 3070
258 High Street
Northcote, VIC 3070
Map of 258 High Street
High Traffic Retail Exposure Investment Property
A rare and exciting opportunity presents itself to purchase part of trendy High Street and get into the commercial investment market in the heart of one of Melbourne’s most popular suburbs. Either invest or occupy and improve in future on a very solid foundation.
With land size of 215sqm (approx.) and comprising of a large shopfront, two further rooms (with one housing kitchenette and wash facilities), over two street frontages and excellent rear access from Frederick Street.
Presently returning $27,750 per annum (approx.), this is an ideal opportunity with the potential to further improve by extending out the current shop, by building up, or subdividing and building (STCA) with excellent rear access from Frederick Street.
Positioned on the vibrant High Street retail precinct, walking distance to Northcote Plaza, tram on your doorstep, Merri & Northcote train stations and an abundance of popular restaurants and other retail amenities.
With land size of 215sqm (approx.) and comprising of a large shopfront, two further rooms (with one housing kitchenette and wash facilities), over two street frontages and excellent rear access from Frederick Street.
Presently returning $27,750 per annum (approx.), this is an ideal opportunity with the potential to further improve by extending out the current shop, by building up, or subdividing and building (STCA) with excellent rear access from Frederick Street.
Positioned on the vibrant High Street retail precinct, walking distance to Northcote Plaza, tram on your doorstep, Merri & Northcote train stations and an abundance of popular restaurants and other retail amenities.
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
Woodards - Northcote Thornbury460 High Street
NORTHCOTE, VIC 3070
NORTHCOTE, VIC 3070
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