Name: 112-116 High Street, Northcote, VIC 3070
Address: 112-116 High Street , VIC, Northcote, VIC, 3070
Telephone: +61 401 810 556

+14 Photos

SOLD

112-116 High Street, Northcote, VIC 3070

Properties / Sold / Victoria / Northcote

Development Potential

1. Property Summary

Property Type

Commercial

Sub Type

Office, Retail/Shopping Centre, Land Site

Land Area

550 m² (*approx)

Zoning

Commercial 1

Selling Method

Auction: Contact Agent

Auction Date

17 Nov 2023 12:00PM

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2. Property Highlights

The ‘Trifecta’ – 3 Shops on 1 Title with Huge Upside

Passing income of $97,397.92 pa*
Invest or Develop (STCA)
Strong value-add proposition

Nelson Alexander Commercial are pleased to present 112-116 High St Northcote For Sale Via Public Auction on Friday 17th November at 12pm.

Key features of this outstanding opportunity:

> Substantial 16.4m* frontage with 550sqm* of land and excellent rear access via ROW.

> Comprising three separate tenancies and passing income of $97,397.92 pa* with strong rental upside.

> Strong value add opportunity either via lease renewals, subdivision, or redevelopment (STCA).

> Positioned in Westgarth Village in Northcote, voted Melbourne's ‘Most Livable Suburb' two years in a row and boasts a median house price of $1,650,000.

> Surrounded by established and popular Terra Madre, Barry Café, Primo Pizza and the iconic Palace Westgarth Cinema.

> Only 4km* from Melbourne CBD and well serviced by public transport via tram (at doorstep) and train (Westgarth Station 250m*).

112-116 High St Northcote is offered For Sale via public Auction on Friday 17th November at 12pm. For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial.

Open For Inspection Schedule

Thursday 9th November: 11:00am -11:30am

Thursday 16th November: 11:00am -11:30am

+Kristian Lunardi | 0401 810 556

+Ethan Wong 黄乙辉 | 0427 349 064

+Jake Jenkins | 0438 042 546

*Approx.

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