585 High Street, Northcote, VIC 3070

Retail

For Sale CONTACT AGENT

  • Property ID: 444260
  • Floor Area: 219m²
  • Occupancy: Tenanted
Acquire Prime Real Estate on the World's Coolest Street

Let me introduce you to 585 High Street Northcote. This outstanding property offers a fantastic opportunity for those wanting to show their presence in a vibrant and tightly held location. With a generous land area of approx. 219sqm, this property is a well-designed mix use building. With its versatile layout and excellent exposure, it also presents a great tenancy. The property's prime location is in the heart of Northcote's most popular streetscape, which was recently ranked by global publisher 'Time Out' as the World's Coolest Street.

It is surrounded by a mix of cafes, restaurants, and retail stores, making it an ideal spot for attracting customers and foot traffic. Inside, the property is currently tenanted as a contemporary hair and beauty salon, it features a spacious beauty shop at the front. At the rear is a generous washing station alongside a separate WC and connecting garage featuring a kitchenette/laundry and storage area, plus 2 off streetcar spaces from the rear lane. Upstairs you will find separate living accommodation (from its own front entrance) featuring a large lounge room, bedroom, separate kitchen, and bathroom. The upstairs area is currently occupied as a separate Lash studio.

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Northcote Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $201 ---
Offices $7915 $289 3.65%
Retail $7052 $468 6.64%
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.
Floorplans

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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