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

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

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