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243-247 Saint Georges Rd - Tomorrow Northcote 1,001 SF Office/Retail Condo Unit Offered at $411,930 in Northcote, VIC 3070



Investment Highlights
- Newly completed retail or office space within the Tomorrow Northcote development.
- Equipped with exhaust and gas connections, enabling potential for food and beverage operators (STCA).
- Superb public transport access including trams, buses, and Croxton Station within easy walking distance.
- Prominent location with frontage on St Georges Road and exposure to approximately 36,000 vehicles daily.
- Multiple secure undercover car spaces and excellent access to local parking.
Executive Summary
247 St Georges Road is located in Melbourne’s Northcote precinct, within a newly constructed mixed-use development. The property enjoys frontage on St Georges Road, a primary thoroughfare offering connections to surrounding suburbs. Public transport options include tram stops on St Georges Road, bus routes, and Croxton Railway Station, all within close proximity. The area comprises mixed residential and commercial premises and provides access to essential amenities and services.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.22% |
| Sale Type | Investment |
| Cap Rate | 5.22% |
Description
Positioned within the contemporary Tomorrow Northcote development, this 93 m² retail space at 247 St Georges Road offers an adaptable, modern layout with soaring ceilings and provisions for a variety of business uses. Newly constructed and equipped with exhaust and gas connections (STCA), the property is ideal for operators seeking food and beverage capabilities alongside traditional retail or professional services.
Providing excellent accessibility, the site is supported by multiple transport options including trams at your doorstep, nearby bus routes, and Croxton Station within walking distance. Strong visibility is ensured with exposure to approximately 36,000 vehicles daily along St Georges Road, a key north-south arterial in Melbourne’s inner north. On-site benefits include multiple secure undercover car spaces, complemented by ample surrounding parking. This address blends functionality and prominence, making it a compelling opportunity for owner-occupiers and investors alike.
Providing excellent accessibility, the site is supported by multiple transport options including trams at your doorstep, nearby bus routes, and Croxton Station within walking distance. Strong visibility is ensured with exposure to approximately 36,000 vehicles daily along St Georges Road, a key north-south arterial in Melbourne’s inner north. On-site benefits include multiple secure undercover car spaces, complemented by ample surrounding parking. This address blends functionality and prominence, making it a compelling opportunity for owner-occupiers and investors alike.
Sale Notes
This brand-new retail or office property at 247 St Georges Road offers an exceptional opportunity for owner-occupiers or investors seeking exposure in one of Melbourne’s most vibrant inner-north communities. Located within the newly completed Tomorrow Northcote mixed-use development, the property features a modern, open-plan layout with high ceilings and an adaptable design perfect for a variety of uses. Food and beverage operators will appreciate the inclusion of exhaust and gas connections (STCA), which significantly enhance its flexibility.
Positioned along St Georges Road, one of the area's major arterial routes, the property benefits from outstanding street presence and visibility with daily exposure to approximately 36,000 vehicles. Its connectivity is second to none, with tram stops just meters away, nearby bus services, and Croxton Railway Station located within walking distance. Multiple secure undercover car spaces and plentiful surrounding parking options further enhance convenience. This property combines accessibility, strong local amenity, and a dynamic surrounding environment, making it an attractive investment and operational base.
Positioned along St Georges Road, one of the area's major arterial routes, the property benefits from outstanding street presence and visibility with daily exposure to approximately 36,000 vehicles. Its connectivity is second to none, with tram stops just meters away, nearby bus services, and Croxton Railway Station located within walking distance. Multiple secure undercover car spaces and plentiful surrounding parking options further enhance convenience. This property combines accessibility, strong local amenity, and a dynamic surrounding environment, making it an attractive investment and operational base.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 247 | 1,001 SF | Office/Retail | $411,930 ($411.52/SF) | $21,492.00 |
Unit 247
| Unit Size |
| 1,001 SF |
| Condo Use |
| Office/Retail |
| Price |
| $411,930 ($411.52/SF) |
| NOI |
| $21,492.00 |
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Unit 247
| Unit Size | 1,001 SF |
| Condo Use | Office/Retail |
| Price | $411,930 ($411.52/SF) |
| NOI | $21,492.00 |
| Sale Type | Investment |
| Cap Rate | 5.22% |
| Description | |
| Positioned within the contemporary Tomorrow Northcote development, this 93 m² retail space at 247 St Georges Road offers an adaptable, modern layout with soaring ceilings and provisions for a variety of business uses. Newly constructed and equipped with exhaust and gas connections (STCA), the property is ideal for operators seeking food and beverage capabilities alongside traditional retail or professional services.<br> <br> Providing excellent accessibility, the site is supported by multiple transport options including trams at your doorstep, nearby bus routes, and Croxton Station within walking distance. Strong visibility is ensured with exposure to approximately 36,000 vehicles daily along St Georges Road, a key north-south arterial in Melbourne’s inner north. On-site benefits include multiple secure undercover car spaces, complemented by ample surrounding parking. This address blends functionality and prominence, making it a compelling opportunity for owner-occupiers and investors alike.</li></ul> | |
| Sale Notes | |
| This brand-new retail or office property at 247 St Georges Road offers an exceptional opportunity for owner-occupiers or investors seeking exposure in one of Melbourne’s most vibrant inner-north communities. Located within the newly completed Tomorrow Northcote mixed-use development, the property features a modern, open-plan layout with high ceilings and an adaptable design perfect for a variety of uses. Food and beverage operators will appreciate the inclusion of exhaust and gas connections (STCA), which significantly enhance its flexibility.<br> <br> Positioned along St Georges Road, one of the area's major arterial routes, the property benefits from outstanding street presence and visibility with daily exposure to approximately 36,000 vehicles. Its connectivity is second to none, with tram stops just meters away, nearby bus services, and Croxton Railway Station located within walking distance. Multiple secure undercover car spaces and plentiful surrounding parking options further enhance convenience. This property combines accessibility, strong local amenity, and a dynamic surrounding environment, making it an attractive investment and operational base.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 43,411 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 9,634 SF |
| Property Subtype | Apartment | Year Built | 2024 |
| Building Class | C | Lot Size | 0.23 AC |
| Total Building Size | 43,411 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 9,634 SF |
| Year Built | 2024 |
| Lot Size | 0.23 AC |
Amenities
Site Amenities
- Controlled Access
- On-Site Retail
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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243-247 Saint Georges Rd - Tomorrow Northcote
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