449 High Street,
Northcote, VIC 3070
Shops & Retail
Key property information
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Fitzroys - Melbourne
Level 27, 360 Collins StreetMELBOURNE, VIC 3000
04381562...
449 High Street
Northcote, VIC 3070
Map of 449 High Street
Dominant Cafe Investment
- Secure Long Lease To Renowned Tenant
- Returning $100,785 Per Annum
- Booming Inner North Location
- Positioned within one of Melbourne’s most sought after retail and lifestyle precincts
- Immaculately presented building of 230sqm*
- Commanding corner street frontage of 26.7 metres*
- 7 x 7 x 7 year lease to highly regarded café operator trading as Bicycle Thieves
- Returning $100,785 per annum plus outgoings and GST
- Fixed annual rental increases
- Dual access via both High Street and Beavers Road
- Located within the heart of the most densely populated section of High Street, surrounded by multiple residential towers providing an endless stream of foot traffic
- Situated amongst a range of quality retailers and eateries and close to Coles, Kmart and Aldi
- Outstanding public transport options ndominant earby with both the Northcote and Croxton Train Stations only 400 metres* away and tram stop opposite
- 3 year old building with strong tax depreciation benefits
- Rare opportunity to invest in a thriving location with a proven track record for strong capital growth
*approx.
- Immaculately presented building of 230sqm*
- Commanding corner street frontage of 26.7 metres*
- 7 x 7 x 7 year lease to highly regarded café operator trading as Bicycle Thieves
- Returning $100,785 per annum plus outgoings and GST
- Fixed annual rental increases
- Dual access via both High Street and Beavers Road
- Located within the heart of the most densely populated section of High Street, surrounded by multiple residential towers providing an endless stream of foot traffic
- Situated amongst a range of quality retailers and eateries and close to Coles, Kmart and Aldi
- Outstanding public transport options ndominant earby with both the Northcote and Croxton Train Stations only 400 metres* away and tram stop opposite
- 3 year old building with strong tax depreciation benefits
- Rare opportunity to invest in a thriving location with a proven track record for strong capital growth
*approx.
Additional information
Documents
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
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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