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Stonebridge Property Group - Melbourne

396-398 High Street Northcote, VIC 3070

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396-398 High Street,
Northcote, VIC 3070

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Stonebridge Property Group - Melbourne
Nic Hage
Max Warren
Rorey James
Ian Lam 林煒峻

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
396-398 High Street
Northcote, VIC 3070

Map of 396-398 High Street

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Unlock the Possibilities of a 512 sqm* Northcote Blank Canvas

  • Blank Canvas Freehold
  • Rear Access + 8 Car Parks
  • Major Thoroughfare Position
Stonebridge Property Group is pleased to present for sale 396-398 High Street, Northcote.

The key highlights of the opportunity include:

- Unmissable 512 sqm* freehold in the centre of Northcote’s bustling High Street retail precinct

- Offered as a blank canvas with immediate potential to occupy, value add, or develop (STCA)

- The existing and significant, open plan building spans 405 sqm* over two levels and boasts highly accessible rear access - The versatility of the property suits a multitude of future uses including retail, hospitality, office & medical

- Future development (STCA) is supported by a substantial underlying land holding, favourable zoning and surrounding height precedent (5-8 level buildings are located within 100 m*)

- Surplus rear land, currently utilised as car parking for 8 vehicles, provides value-add scope for extension (STCA)

- On-title car parking is a rare & valuable attribute for High Street, Northcote and provides flexibility with respect to ‘potential’ uses

- Strategically located 250 m* from Northcote Shopping Plaza - The established centre is set for a $500 million redevelopment that includes 605 apartments and a standalone office tower

- Northcote - voted Melbourne's ‘Most Liveable Suburb' two years in a row and boasts a median house price of $1,650,000

- High Street is home to an eclectic mix of service and retail tenancies creating a 7-day per week trading environment



396-398 High Street, Northcote is offered for sale via Public On-Site Auction Thursday 10th August 2023 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 5...

Max Warren
0488 296 8...

中文咨询
Sarah Xi 席子棠
0468 320 297
微信号 sarahxi565

Rorey James
0439 400 0...


*Approximately

Property Code: 652

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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