329 High Street 2,400 SF Retail Building Northcote, VIC 3070 For Sale

This freehold property at 329 High Street, Northcote presents a rare opportunity to acquire a securely leased retail investment in one of Melbourne’s most dynamic hospitality and lifestyle precincts. The asset is anchored by Tao Dumplings, a well-established operator with multiple locations across metropolitan Melbourne, ensuring a stable and reliable income stream. The property comprises a commanding two-story building with strong street presence, rear access via a public car park, and sits on a generous 300 sqm allotment under Commercial 1 Zoning, providing long-term flexibility and value.
Positioned in the heart of High Street, recently recognized as one of the world’s coolest streets, the property benefits from exceptional connectivity and exposure. Northcote is a highly sought-after inner-city suburb, consistently ranked among Melbourne’s most liveable areas, and is only 4.85 km from the CBD. The location is well-serviced by public transport, with a tram stop at the doorstep and Northcote Station within 500 meters. The surrounding precinct has experienced significant gentrification and high-density development, driving strong retail activity and sustained demand. This combination of secure income, prime positioning, and future growth potential makes this property an attractive investment opportunity.