340-342 High Street, Northcote, VIC, 3070

SOLD

• Valuable planning permit
• Significant landholding: 1,050m2 approx
• Rare mixed-use redevelopment opportunity

> Valuable planning permit for 23 apartments and 4 commercial spaces
> Significant landholding: 1,050 sqm approx (two titles)
> Combined building area: 457 sqm approx
> Two expansive street frontages (generous rear access from Balgonie Place)
> Impressive improvements:

342 High St - Former London Chartered Bank of Australia consists of an imposing High Italian Renaissance Rival-style building (circa 1880s)
340 High St - Single-fronted two level Victorian shop/dwelling

> Rare mixed-use redevelopment opportunity in Melbourne's best inner northern location
> Prime High Street position
> Favourably zoned - Commercial 1
> To be sold with vacant possession

See the link below for our virtual tour.

https://pinpointplans.viewin360.co/share/collection/7P7Ln?fs=1&vr=1&initload=0&thumbs=-1&margin=22&chromeless=1&logo=1

The subject property is ideally located on the eastern side of High Street, between Separation and Westgarth Streets.

340-342 High Street is strategically located in the absolute heart of Northcote, in proximity to Northcote Plaza, specialty retail and Northcote train station (6 minutes away).

Located only 7 kms from the Melbourne CBD, Northcote is fast becoming one of Melbourne's premier city fringe suburbs.

It encompasses two dominant retail strips (High & Westgarth Streets), which feature a vast array of specialty retail, culinary and night life venues.

Northcote has a plethora of lifestyle options including Yarra Bend Park, which incorporates bike and walking paths, Yarra Bend Golf Course and Fairfield Park Boathouse and Tea Gardens.

*** COVID-19 ANNOUNCEMENT ***
If you're attending a Private Inspection, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team members (1.5 metres) and if requested wait outside until the property is ready for the inspection. Lastly, please refrain from touching items/fixtures and doors within the property. If you would like to view something in particular, please request the agent's assistance. Thank you for your co-operation

Remember to mention you found this property on DevelopmentReady