A prime location in this mixed-use precinct, the property offers an excellent opportunity to establish your company premises in a sought after location. Competition will be strong to secure this property with interest anticipated from local and interstate tenants. From the multi-billion-dollar City Link to the major arterial roal and accesses, this Francis Street position is prime property.
Whilst currently approved and functioning as a guest house, the alternative potential uses are many and varied. The convenience of on-site parking is a boon for any business owner. There is a current licence for up to 5 vehicles.
Northbridge is a rapidly evolving, multicultural and vibrant area. The opportunities to be located in such strategic premises are rare. These highly sought after locations present an outstanding opportunity for all astute business owners/operators.
All areas and dimensions are approximate. All interested parties must undertake their own independent inquiries and not rely on any information herein.
The property is also for sale. Please discuss your leasing or buying interest with the Agent.
The size of Northbridge is approximately 0.4 square kilometres. There are 3 parks, covering nearly 7.2% of the total area. The population of Northbridge in 2016 was 1307 people. By 2021 the population was 1420 showing a population growth of 8.6% in the area during that time. The predominant age group in Northbridge is 20-29 years. Households in Northbridge are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation.In 2021, 31.10% of the homes in Northbridge were owner-occupied compared with 34.00% in 2016.
Northbridge has 1,314 properties. Over the last 5 years, Houses in Northbridge have seen a 62.24% increase in median value, while Units have seen a 62.06% increase. As at 31 May 2026:
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