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72 High Street
Northcote

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  • 245 m2
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Page URL:
http://www.hockingstuart.com.au/commercial/72-high-street-northcote-vic-3070/

A Northcote Icon. Outstanding Retail Investment. 10 Year Lease.

Hockingstuart commercial are pleased to present this outstanding securely leased retail investment for public auction on Wednesday 18th October at 3pm onsite.

The key features are summarised below:

– 10 + 5 + 5 + 5 year lease (commenced 1/1/15)
– Current rental: $72,370pa + GST + Outgoings
– Huge Land: 7.32m x 33.53m
= 245sqm*
– ‘Phil’s Bakehouse & Cafe’ Established business of over 30 years. A local favourite
– Rear access with car parking onsite
– Future development potential due to the significant land size (STCA)
– Located in the best position within the most sought after Northcote’s “Westgarth Shopping Village”
– Adjacent to the architecturally striking Palace Westgarth cinemas and surrounded by bustling cafes/restaurants
– Rapidly developing hospitality precinct
– Extraordinary public transport services on your doorstep, tram stop metres away and Westgarth Railway Station within walking distance
– Tightly held and most sought after inner-city locale, only 6km* from Melbourne’s CBD
– Easy access to major arterials in Hoddle Street and Eastern Fwy
*approx

Please call the exclusive selling agents for further information:

Kenny Oliver 0409 144 188
George Georgiou 0419 480 003

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hockingstuart Commercial

187 Moray Street, South Melbourne
Tel 03 9690 6000 Fax 03 9690 4399
commercial@hockingstuart.com.au

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hockingstuart Commercial

187 Moray Street, South Melbourne
Tel 03 9690 6000 Fax 03 9690 4399
commercial@hockingstuart.com.au