OVERVIEW

Cushman & Wakefield in conjunction with Four Leaves Property are pleased to present 150 Arthurton Road, Northcote for sale via International Expressions of Interest (EOI), closing Thursday 27 November at 2:00 PM (AEDT).

Situated in a prime inner-northern location this significant Commercial 1 Zoned site, with an operating self storage business (going concern) provides a multitude of development and investment potential for developers, investors and occupiers.

Key Property Features:

• Premium land parcel of 5,190sqm* with a flexible Commercial 1 zoning underwritten by strong passing income
• Existing improvements include an established self storage facility, currently operated by StoreLocal, with strong trading history and a desirable catchment to draw upon in the immediate area
• Development Plan Overlay permitting multi-storey residential mixed-use development recently endorsed by local Council up to 7-storeys, with potential to pursue additional density via the Government’s Development Facilitation Program
•  Prime frontage to Arthurton Road of 45.72 metres with dual street access at the rear
•  Proximity to the best of Melbourne’s gentrified inner northern suburbs which have undergone significant high-density development and house price growth in recent years
•  Easy access to the High Street Northcote shopping precinct, Lygon Street precinct and East Brunswick Village including a Coles Supermarket, Fomo Cinemas and specialty retail amenity
• Potential for stunning view lines towards the Melbourne CBD, Merri Creek and the Northcote Golf Course from any future development (STPA)
• Highly sought after residential suburb with a median house price in the vicinity of $1,750,000**
• Enjoy a reliable income stream while unlocking the land’s full potential within one of the most desirable suburbs of the inner north.

For further details, please contact the marketing agents:

Cushman & Wakefield 

Hamish Burgess | +61 421 641 497

Joe Kairouz | +61 421 430 638

Leon Ma 马海翔 | +61 417 070 725

Charlie Holmes | +61 439 334 154

Four Leaves Property 

Linda Sharkey | +61 410 902 116

Max Mahoney | +61 401 342 226

* Approximate

**REIV