> 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.
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.