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Cushman & Wakefield in conjunction with Four Leaves Property are pleased to present 150 Arthurton Road, Northcote for sale via International Expressions of Interest (EOI), closing Thursday 27 November at 2:00 PM (AEDT).
Situated in a prime inner-northern location this significant Commercial 1 Zoned site, with an operating self storage business (going concern) provides a multitude of development and investment potential for developers, investors and occupiers.
Key Property Features:
- Premium land parcel of 5,190sqm* with a flexible Commercial 1 zoning underwritten by strong passing income
- Existing improvements include an established self storage facility, currently operated by StoreLocal, with strong trading history and a desirable catchment to draw upon in the immediate area
- Development Plan Overlay permitting multi-storey residential mixed-use development recently endorsed by local Council up to 7-storeys, with potential to pursue additional density via the Government’s Development Facilitation Program
- Prime frontage to Arthurton Road of 45.72 metres with dual street access at the rear
- Proximity to the best of Melbourne’s gentrified inner northern suburbs which have undergone significant high-density development and house price growth in recent years
- Easy access to the High Street Northcote shopping precinct, Lygon Street precinct and East Brunswick Village including a Coles Supermarket, Fomo Cinemas and specialty retail amenity
- Potential for stunning view lines towards the Melbourne CBD, Merri Creek and the Northcote Golf Course from any future development (STPA)
- Highly sought after residential suburb with a median house price in the vicinity of $1,750,000**
- Enjoy a reliable income stream while unlocking the land’s full potential within one of the most desirable suburbs of the inner north.
Cushman & Wakefield
Hamish Burgess | +61 421 641 497
Joe Kairouz | +61 421 430 638
Leon Ma 马海翔 | +61 417 070 725
Charlie Holmes | +61 439 334 154
Four Leaves Property
Linda Sharkey | +61 410 902 116
Max Mahoney | +61 401 342 226
* Approximate
**REIV
Remember to mention you found this property on DevelopmentReady
Cushman & Wakefield in conjunction with Four Leaves Property are pleased to present 150 Arthurton Road, Northcote for sale via International Expressions of Interest (EOI), closing Thursday 27 November at 2:00 PM (AEDT).
Situated in a prime inner-northern location this significant Commercial 1 Zoned site, with an operating self storage business (going concern) provides a multitude of development and investment potential for developers, investors and occupiers.
Key Property Features:
- Premium land parcel of 5,190sqm* with a flexible Commercial 1 zoning underwritten by strong passing income
- Existing improvements include an established self storage facility, currently operated by StoreLocal, with strong trading history and a desirable catchment to draw upon in the immediate area
- Development Plan Overlay permitting multi-storey residential mixed-use development recently endorsed by local Council up to 7-storeys, with potential to pursue additional density via the Government’s Development Facilitation Program
- Prime frontage to Arthurton Road of 45.72 metres with dual street access at the rear
- Proximity to the best of Melbourne’s gentrified inner northern suburbs which have undergone significant high-density development and house price growth in recent years
- Easy access to the High Street Northcote shopping precinct, Lygon Street precinct and East Brunswick Village including a Coles Supermarket, Fomo Cinemas and specialty retail amenity
- Potential for stunning view lines towards the Melbourne CBD, Merri Creek and the Northcote Golf Course from any future development (STPA)
- Highly sought after residential suburb with a median house price in the vicinity of $1,750,000**
- Enjoy a reliable income stream while unlocking the land’s full potential within one of the most desirable suburbs of the inner north.
Cushman & Wakefield
Hamish Burgess | +61 421 641 497
Joe Kairouz | +61 421 430 638
Leon Ma 马海翔 | +61 417 070 725
Charlie Holmes | +61 439 334 154
Four Leaves Property
Linda Sharkey | +61 410 902 116
Max Mahoney | +61 401 342 226
* Approximate
**REIV
Remember to mention you found this property on DevelopmentReady
