1-14/15 Simpson St, Northcote is a bedroom, 14 bathroom Unit. The property has a land size of 1120m2.
Tailor made for the astute investor, this extraordinary offering comprises a block of 14 apartments which are separately titled, to be sold as one. Sitting on approximately 1120m2 of land in a blue ribbon Northcote locale. Presenting 12 two bedroom apartments and 2 one bedroom apartments, highlighting open plan designs and thoughtfully laid out in relation to each other, the building is two storeys tall. Extremely well tenanted, it currently provides a rare and substantial holding income in a position that's always set to be in high demand. Complete with off street parking for each apartment and all recently fitted out with new split system air conditioners, this outstanding opportunity is zoned General Residential (R1Z), tucked in a sought after locality well known for offering a leading lifestyle, loved by a huge range of people. A very short stroll to Dennis train station, buses, Bill Lawry Oval, Merri Creek Trail and Westgarth Primary, it's zoned to Northcote High. Fairfield Boathouse and the buzzing cafes, cinemas, shops, trams and restaurants of renowned High Street are nearby, and the CBD approximately 6 kilometres away.
Information Memorandum with rent returns available on request.
Inspections are strictly by appointment only.
Expression of Interest Close
WEDNESDAY 12th March at 5pm SHARP.
Terms :10% deposit with settlement terms of up to 150 days
We are selling with receipt of rents and profits.
Please contact Tony Downward for an Expression of Interest From
0418 884 755
The size of Northcote is approximately 6.0 square kilometres. There are 23 parks, covering nearly 11.3% of the total area. The population of Northcote in 2016 was 24561 people. By 2021 the population was 25276 showing a population growth of 2.9% in the area during that time. The predominant age group in Northcote is 30-39 years. Households in Northcote are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Northcote work in a professional occupation.In 2021, 60.30% of the homes in Northcote were owner-occupied compared with 58.60% in 2016.
Northcote has 14,356 properties. Over the last 5 years, Houses in Northcote have seen a -1.23% decrease in median value, while Units have seen a -1.86% decrease. As at 31 May 2026:
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