583 High Street, Northcote, VIC 3070

Retail | Showrooms

Sold

  • Property ID: 444261
  • Floor Area: 218m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 31/10/2024 218m2 N/A Contact Agent
Secure A Piece of Real Estate in the World's Coolest Street!

Welcome to 583 High Street, Northcote. This outstanding prospect enjoys a good tenancy in such a tightly held Northcote location, amidst a mix of retail shops and eateries on bustling High Street, which was recently ranked by global publisher 'Time Out' as the world's coolest Street.

It enjoys high exposure to foot and road traffic, ensuring maximum visibility for businesses, which is complemented by unobstructed long-ranging views from Darebin Road. The building sits on a generous allotment of 218sqm and is currently used as a Greek Community Centre. It offers a fantastic floor plan that incorporates a generous meeting space/potential shopfront along with a large kitchen with a serving counter plus an enclosed outdoor area at the rear, with a WC and storage room. There is also the added appeal of rear lane access with two car-spaces on title. Upstairs houses a living room, bedroom, separate kitchen, and bathroom. Be quick to inspect, as this property will be an enticing catch amongst savvy investors and business owners.

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 --- $150 ---
Offices $8141 $244 2.99%
Retail $7538 $449 5.95%
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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