Vision Real Estate is excited to offer for sale or lease this first class commercial asset, combining an exceptional High Street location, quality improvements and outstanding future value add potential.

Constructed between 1925–1930*, the property is understood to have originally operated as a bank, retaining a distinctive period character within this tightly held commercial precinct.

KEY ATTRIBUTES

-ELITE HIGH STREET POSITIONING
-INDEPENDENT GROUND AND FIRST FLOOR ENTRANCES
-FLANKED BY NATIONAL TENANTS

Strategically positioned adjacent to the iconic Croxton Park Hotel and only metres from the Northcote border, the property enjoys excellent connectivity, with Croxton Train Station approximately 450 metres* away.

PROPERTY HIGHLIGHTS

+Substantial landholding of 241sqm*
+Vacant ground floor with food service industry fitout -189sqm*
+First floor returning $19,700 p.a. from 1 February 2027- 70sqm*
+Commercial 1 Zone (C1Z)
+Excellent access to public transport, including trains, trams and buses
+First time offered to the market in 50 years
+Occupy and/or invest
+Valuable rear right of way access

The property's dual, independent high street entrances provide exceptional flexibility, allowing two separate tenancies to operate independently while offering investors the opportunity to maximise rental income and occupancy flexibility.

Adding further appeal, the property is situated within the Victorian Government's proposed draft rezoning areas, which contemplate increased development heights of up to 8 storeys*. This presents significant potential for future capital growth and redevelopment, subject to planning approval.

A rare opportunity to secure a substantial commercial freehold in one of Melbourne's evolving inner northern growth corridors.

FOR SALE OR LEASE

Inspections by appointment.

For further information, please contact the exclusive sales and marketing agent:

Frank Romeo
0405 703 470

*approximately