340-342 High Street NORTHCOTE
Mortgagee Sale - Northcote's Premium Development Site
> 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 possessionSee 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.
