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Investment Highlights

  • Fully leased two-storey Victorian freehold with dual income streams.
  • Separate upper-level access via rear right of way for office or residential use.
  • Zoned Commercial 1, supporting a range of future uses and redevelopment potential.
  • Ground floor retail space offers high visibility along bustling High Street.
  • Situated in a premier Northcote Hill location with all amenities nearby.

Executive Summary

This rare Victorian commercial freehold offers a fully leased investment in the heart of Northcote Hill’s vibrant retail precinct. Positioned along High Street, the property delivers exceptional exposure and steady income through its dual-use configuration. The ground floor features a prominent retail space with wide street frontage, ideal for attracting consistent foot traffic. The upper level, accessible via a rear right of way, provides flexible accommodation for office or residential use, enhancing the property’s versatility and long-term appeal.
Located within a Commercial 1 Zone, the asset benefits from proximity to local amenities, public transport, and a thriving mix of retail and dining establishments. Investors will appreciate the security of existing tenancies and the potential for future value growth in one of Melbourne’s most sought-after inner-city corridors. With heritage character and a premier position, this property represents a compelling opportunity for those seeking a stable income stream and strong capital appreciation prospects.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,207 SF
Building Class
C
Price
$1,275,774
Price Per SF
$578.16
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.05 AC
Frontage
17’ on High Street

Amenities

  • Signage
  • Accent Lighting
  • Recessed Lighting
  • Air Conditioning
  • Listing ID: 39896812

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 219 High St, Northcote, VIC 3070

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