271 High Street,
Northcote, VIC 3070

Shops & Retail • Offices • Development Sites & Land

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Multifaceted Investment On High

Multifaceted Investment On High

This dual frontage property encompassing a shopfront, two bedroom first floor apartment plus a studio, presents savvy owner occupiers, investors and developers a rare opportunity to create something exceptional in Northcote's premier shopping precinct.

• Commercial 1 Zoned property fronting both High & Eastment Streets
• Shopfront with consulting rooms faces renowned High Street (approx. 82 sqm)
• Eastment Street entry to a large first floor two bedroom apartment (approx. 109 sqm)
• Lofty living room, commercial inspired kitchen, 900mm range
• Two bedrooms share a tidy bathroom, includes heating/cooling
• Large studio apartment (approx. 52 sqm) includes a kitchenette and bathroom
• Sizeable rear gardens with electric roller door access to a car space
• Multifaceted investment property in a high-profile location
• Options to renovate/redevelop, STCA on 294 sqm (approx.)
• Ruckers Hill location, near all transport, shopping and schools
• Shopfront currently leased at approx. $40,170 pa plus outgoings (combined potential lease approx. $74,000 pa)

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

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Most residents

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