"The Gateway to Northcote" - Northcote's Best Development Opportunity
The first time offered in 70 years, Nelson Alexander Commercial are pleased to offer For Sale via Auction this landmark building located on Ruckers Hill.
A history worth mentioning ...
Kelvin R Dalton was an honourable man, who kept his word to the Vendor, Margery Willson by retaining her name on the building on Ruckers Hill at 154 High Street Northcote. In the early 50's an Agreement was reached between Kelvin R Dalton that the Vendor Margery would sell the property to the aspiring young Real Estate Agent/Developer on Vendor Terms providing her name remained on the building `MARWIL' and to this day both names still remain on the building. Kelvin was well established and a well-known identity within the Community and Industry and even up to his death at 87 his entrepreneurial skills were evident. This building is now available for another entrepreneur to make their mark on this landmark property.
Key attributes of this truly rare opportunity.
> Approved planning permit for 5 level mixed use development (STCA) with uninterrupted city views and rooftop deck
> Flexible Commercial 1 Zoning with impressive 400sqm* corner land allotment
> Commanding corner building with 36m frontage to Clarke Street and 11m to High Street
> A never to be repeated development (STCA) opportunity to capitalize on Northcote’s surging demand for new residential property.
> Surrounded by public transport options: High Street Tram, Merri/Westgarth Station
> Moments from popular Rucker’s Hill and Westgarth retail and hospitality precinct with some of Melbourne’s best-known restaurants & cafes
> Booming inner north location with median house price of $1,525,000 and strong performance of capital growth
> Plans & Permits available upon request
For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.
*approx.
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