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243-249 St Georges Road, Northcote, VIC, 3070

2. Property Highlights

5 level permit approved development in premium locale
  • Permitted with stamped plans
  • Generous apartment sizes
  • Desired inner-city location

** SOLD **

Located in one of Melbourne’s most popular residential suburbs and merely 5.5km* from the CBD, this boutique development site is permit approved and central to everything. Northcote is a culturally rich suburb and boasts all that desired by inner-city dwellers and has seen enormous gentrification over recent years.

• Permit approved with stamped plans for a 5 level mixed-use development
• Benefitting from 2,356sqm* of NSA including residential and 2 ground floor commercial tenancies
• The existing apartment plans offer generous oversized floorplans with scope to increase the number of apartments within the existing envelope (STCA)
• Surrounded by an incredible and diverse selection of bustling cafes and restaurants, all of which make Northcote a true destination
• Merely moments to a wide array of shopping and lifestyle amenity including Northcote Plaza, the bustling High Street retail strip plus much more
• Ideal connectivity with trams located at the doorstep to the site and only 400m* to Croxton train station
• Merri Creek plus an abundance of open parkland and bike trails literally at the end of the street
• Northcote claims a median house price of $1,440,000 (source REIV)

This development site is for sale via Expressions of Interest closing Wednesday the 3rd of March at 12:00 pm. For further information or to discuss the opportunity in detail, please contact Gross Waddell ICR.

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3. Property Location

243-249 St Georges Road, Northcote, VIC, 3070

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4. Due Diligence

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243-249 St Georges Road, Northcote, VIC, 3070 Northcote