505 High Street, Northcote VIC 3070
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2
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180 sqm / approx
Prime Mixed Income Opportunity
Occupying a prominent High Street position, the asset benefits from outstanding exposure within one of Melbourne’s premier retail precincts. The retail component is underpinned by a strong long-term lease (5+5), while the residence is offered with vacant possession—providing flexibility for owner-occupiers or the potential to generate additional rental income. This blue-chip investment offers a compelling return and represents a rare opportunity to secure a versatile asset in a highly sought-after location.
Key Property Features:
• Zoned Commercial 1 (C1Z)
• Land Area: 180m² (approx.)
• Prime Northcote freehold in the heart of vibrant High Street
• Prominent High Street frontage with excellent exposure
• Ground-floor retail premises securely leased to a proven long-term tenant
• Strong lease profile (5+5) providing reliable income stream
• Fully self-contained two-bedroom residence at the rear
• Residence offered with vacant possession
• Separate access to residence for added flexibility
• Rear off-street parking included
• Dual-income potential (commercial + residential)
• Ideal for investors and/or owner-occupiers
• Prime location surrounded by cafes, public transport and local amenities
• Located within one of Melbourne’s most sought-after retail precincts
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.