Investment Property
For Sale
  • Land/Development
  • Self Storage Facility with Huge Development Upside

    150 Arthurton Road, Northcote, Victoria 3070 Australia
    Investment Property
    For Sale
  • Land/Development
  • Self Storage Facility with Huge Development Upside

    150 Arthurton Road, Northcote, Victoria 3070 Australia
    Lot Size
    5,190 SQM
    Lot Size
    5,190 SQM

    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

    - Approved development plan in place, with strong potential for height in the order of 9 levels with supporting schemes available 

    - Prime frontage to Arthurton Road of 45.47 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

    - North Melbourne

    Details

    Sale Price:
    Contact us for pricing
    Lot Size:
    5,190 SQM

    AVAILABILITIES

    LOCATION

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