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57 Cunningham Street 2,228 SF Retail Building Northcote, VIC 3070 For Sale



Investment Highlights
- The property occupies a 572 sqm corner allotment providing dual street frontage and strong accessibility.
- The site is zoned Neighbourhood Residential (NRZ2), allowing for potential future residential use subject to council approval.
- The surrounding area is a well-established residential catchment with strong family demographics and continued population growth.
- It is located within close proximity to High Street Northcote, offering access to retail, dining, and public transport.
- The building retains original architectural character and period features.
Executive Summary
57 Cunningham Street, Northcote presents a rare opportunity to acquire a long-standing childcare investment in one of Melbourne’s most established inner-north residential precincts. The property occupies a prominent corner allotment of approximately 572 sqm, enhancing visibility and accessibility for its current use. Leased to an experienced childcare operator with a strong trading history, the asset offers secure income underpinned by the essential-service nature of early education.
The site benefits from its Neighbourhood Residential Zoning (NRZ2), providing potential for future residential redevelopment subject to council approval. Its location within close proximity to High Street Northcote ensures immediate access to retail, dining, and public transport options, further supporting the property’s long-term value. With strong family demographics and continued population growth in the area, this property combines stable income generation with underlying land value, making it a compelling investment proposition for buyers seeking both security and future upside.
The site benefits from its Neighbourhood Residential Zoning (NRZ2), providing potential for future residential redevelopment subject to council approval. Its location within close proximity to High Street Northcote ensures immediate access to retail, dining, and public transport options, further supporting the property’s long-term value. With strong family demographics and continued population growth in the area, this property combines stable income generation with underlying land value, making it a compelling investment proposition for buyers seeking both security and future upside.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
2,228 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.14 AC
Amenities
- Corner Lot
- Signage
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57 Cunningham Street
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