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150 Arthurton Road, Northcote VIC 3070
Northcote
SOLD $13,450,000
Secure Income Stream Now, A Development Future to Unlock
Colliers International is pleased to offer 150 Arthurton Road, Northcote for sale by Expressions Of Interest closing Friday 15 July at 3pm. This prominent and substantial inner city land holding is being offered as a freehold going concern and provides a secure income stream now with a development future to unlock.
• Prominent and substantial inner city land holding with a substantial income stream
• Land area of 5,190m² with a flexible Commercial 1 zoning
• Frontage to Arthurton Road of 45.47 metres with dual street access
• Currently trading as ‘Storage King’ a long established and fully operational self-storage business with strong cash flows and year on year growth in revenue
• Demolition clause providing access with 12 months’ notice
• Existing building area of 4,600m²* NLA with potential for strong depreciation benefits
• Two architectural concepts for multi-level mixed use developments
• Elevated position with sweeping CBD skyline views from any future redevelopment
• Sensational position within close proximity to Merri Creek, Northcote train station, Nicholson Street and High Street Northcote
• Extremely popular inner Melbourne suburb with a median house price of $1,050,000*
150 Arthurton Road presents as a versatile and exciting offering rarely seen in the Melbourne market.
Ready to be stored in your portfolio or alternatively developed in the near term, Colliers International strongly recommends this property for your consideration.
*Approximately
Remember to mention you found this property on DevelopmentReady
SOLD $13,450,000
Secure Income Stream Now, A Development Future to Unlock
Colliers International is pleased to offer 150 Arthurton Road, Northcote for sale by Expressions Of Interest closing Friday 15 July at 3pm. This prominent and substantial inner city land holding is being offered as a freehold going concern and provides a secure income stream now with a development future to unlock.
• Prominent and substantial inner city land holding with a substantial income stream
• Land area of 5,190m² with a flexible Commercial 1 zoning
• Frontage to Arthurton Road of 45.47 metres with dual street access
• Currently trading as ‘Storage King’ a long established and fully operational self-storage business with strong cash flows and year on year growth in revenue
• Demolition clause providing access with 12 months’ notice
• Existing building area of 4,600m²* NLA with potential for strong depreciation benefits
• Two architectural concepts for multi-level mixed use developments
• Elevated position with sweeping CBD skyline views from any future redevelopment
• Sensational position within close proximity to Merri Creek, Northcote train station, Nicholson Street and High Street Northcote
• Extremely popular inner Melbourne suburb with a median house price of $1,050,000*
150 Arthurton Road presents as a versatile and exciting offering rarely seen in the Melbourne market.
Ready to be stored in your portfolio or alternatively developed in the near term, Colliers International strongly recommends this property for your consideration.
*Approximately
Remember to mention you found this property on DevelopmentReady
150 Arthurton Road, Northcote VIC 3070
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
