258 High Street, NORTHCOTE, VIC 3070
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High Traffic Retail Exposure Investment Property

A rare and exciting opportunity presents itself to purchase part of trendy High Street and get into the commercial investment market in the heart of one of Melbourne’s most popular suburbs. Either invest or occupy and improve in future on a very solid foundation.

With land size of 215sqm (approx.) and comprising of a large shopfront, two further rooms (with one housing kitchenette and wash facilities), over two street frontages and excellent rear access from Frederick Street.

Presently returning $27,750 per annum (approx.), this is an ideal opportunity with the potential to further improve by extending out the current shop, by building up, or subdividing and building (STCA) with excellent rear access from Frederick Street.

Positioned on the vibrant High Street retail precinct, walking distance to Northcote Plaza, tram on your doorstep, Merri & Northcote train stations and an abundance of popular restaurants and other retail amenities.

Remember to mention you found this property on DevelopmentReady

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