493 High Street Northcote, VIC 3070

• Ray White Commercial Preston are excited to present for sale this superb boutique freehold investment in a popular Northcote location only 8km's * from the Melbourne CBD
• Strategically located in the heart of vibrant High Street - recently voted the 'coolest street in the world'
• Surrounded by popular eateries, retailers, offices and various multi storey residential apartment buildings
• Leased to longstanding and well-regarded Italian Restaurant Va Penne who recently renewed their lease until 19.1.2030 with 2 remaining options of 5 years
• Returning $45,060 plus outgoings with fixed 3 per annual increases and market reviews in year one of each option
• Flexible Commercial 1 Zoning with frontage to High Street and rear lane access
• Outstanding transport options nearby with Croxton Train Station within 350 metres * and the tram at your door step
• Walking distance to Northcote Plaza and Welcome to Thornbury
• Approximately

From 1 July 2024, the State Revenue Office offers eligible buyers of commercial and industrial properties the option to pay stamp duty upfront at settlement or spread payments over 10 years.

For further information or to arrange an inspection contact:

John Kalpakis 0412 500 250
john.kalpakis@raywhite.com

Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.