400 High Street, Northcote, VIC 3070

Retail | Offices | Other

Sold

  • Property ID: 436401
  • Floor Area: 1m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 12/09/2023 1m2 N/A N/A
Neighbouring Property Sells Immediately After Auction to Successful Bidder

Stonebridge Property Group is pleased to confirm the ‘off-market’ sale of 400 High Street, Northcote.

Whilst the final yield of ~3.31% is sharp, the buyer took comfort in the future potential and was content in holding the asset for the remaining 10 years of lease tenure.

For more information regarding the transaction please contact a member of the Stonebridge Strip Retail Investments team:

Nic Hage
0448 782 594

Max Warren
0488 296 892

Rorey James
0438 400 081

Sarah Xi ???
0468 320 297

Property Code: 756

Northcote Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $219 ---
Retail $8343 $490 5.87%
Offices $7835 $277 3.54%
This is the average advertised price, rent and yield for Northcote, VIC 3070*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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