Let me introduce you to 585 High Street Northcote. This outstanding property offers a fantastic opportunity for those wanting to show their presence in a vibrant and tightly held location. With a generous land area of approx. 219sqm, this property is a well-designed mix use building. With its versatile layout and excellent exposure, it also presents a great tenancy. The property's prime location is in the heart of Northcote's most popular streetscape, which was recently ranked by global publisher 'Time Out' as the World's Coolest Street.
It is surrounded by a mix of cafes, restaurants, and retail stores, making it an ideal spot for attracting customers and foot traffic. Inside, the property is currently tenanted as a contemporary hair and beauty salon, it features a spacious beauty shop at the front. At the rear is a generous washing station alongside a separate WC and connecting garage featuring a kitchenette/laundry and storage area, plus 2 off streetcar spaces from the rear lane. Upstairs you will find separate living accommodation (from its own front entrance) featuring a large lounge room, bedroom, separate kitchen, and bathroom. The upstairs area is currently occupied as a separate Lash studio.
Due diligence checklist - for home and residential property buyers
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 14,357 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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