400 High Street,
Northcote, VIC 3070
Shops & Retail • Offices • Other
Key property information
Floor area
Sold on
Map of 400 High Street
Neighbouring Property Sells Immediately After Auction to Successful Bidder
Stonebridge Property Group is pleased to confirm the ‘off-market’ sale of 400 High Street, Northcote.
Whilst the final yield of ~3.31% is sharp, the buyer took comfort in the future potential and was content in holding the asset for the remaining 10 years of lease tenure.
For more information regarding the transaction please contact a member of the Stonebridge Strip Retail Investments team:
Nic Hage
0448 782 5...
Max Warren
0488 296 8...
Rorey James
0438 400 081
Sarah Xi 席子棠
0468 320 297
Property Code: 756
Whilst the final yield of ~3.31% is sharp, the buyer took comfort in the future potential and was content in holding the asset for the remaining 10 years of lease tenure.
For more information regarding the transaction please contact a member of the Stonebridge Strip Retail Investments team:
Nic Hage
0448 782 5...
Max Warren
0488 296 8...
Rorey James
0438 400 081
Sarah Xi 席子棠
0468 320 297
Property Code: 756
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
400 High Street
Northcote, VIC 3070
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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