334A High StreetNorthcote VIC 3070
Property Details for 334a High St, Northcote
Last Listing description (September 2022)
Gorman Allard Shelton are pleased to present 334A High Street, Northcote for private sale.
This is an excellent opportunity to purchase a ground floor retail asset with a secure and resilient tenant in place with a fantastic lifestyle amenity underpinning the location.
Property highlights comprise:
* 7-year lease term plus options
* Income: $40,803 pa + GST + outgoings
* Building area: 72 sqm approx. plus 1 car space
Nestled amongst the vibrant retailers, cafes and restaurants on High Street. The area is also home to several key national brands such as Coles, Aldi, Cash Converters and Chemist Warehouse.
Property History for 334a High St, Northcote, VIC 3070
- 01 Sep 2022Sold for $685,000
- 05 Jul 2022Listed for Sale Contact Agent
- 06 Mar 2019Sold for $700,000
Recent sales nearby
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About Northcote 3070
The size of Northcote is approximately 6.0 square kilometres. It has 23 parks covering nearly 11.3% of 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 14,382 properties. Over the last 5 years, Houses in Northcote have seen a 8.62% increase in median value, while Units have seen a 7.22% increase. As at 31 March 2026:
- The median value for Houses in Northcote is $1,763,816 while the median value for Units is $673,344.
- Houses have a median rent of $850 while Units have a median rent of $580.
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