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2. Property Highlights

AAA Prime Freehold Leased to Dumpling Powerhouse
  • Strong income of $101,183 pa
  • Absolute Prime High Street Location
  • Public Car Parking directly behind

Nelson Alexander Commercial are pleased to present 329 High Street Northcote For Sale via Auction on May 24h at 1pm

Anchored by dumpling powerhouse Tao Dumplings with 5 locations across Metropolitan Melbourne, this commanding freehold offers secure income in one of Melbourne’s most popular hospitality and lifestyle precincts.

Key features of this outstanding investment opportunity:

> Commanding two story building with excellent street presence, rear access (via public carpark) and large 300sqm* allotment underpinned by favourable Commercial 1 Zoning.

> Located in absolute prime High Street hospitality precinct, recently being voted the Worlds Coolest Street^

> Northcote, one of Melbourne’s most popular inner city suburbs has also been voted Melbourne's ‘Most Liveable Suburb' two years in a row boasting a median house price of $1,710,000#

> Only 4.85km* from Melbourne CBD and well serviced by public transport via tram (at doorstep) and train (Northcote Station 500m*).

> A local favourite, Tao dumplings boats a widely recognized business with consistently busy trade as well as pickup/delivery service catering to significant levels of recent gentrification and the emergence of high-density developments along High Street have provided a solid foundation for the precinct's expansion, fuelling retail activity.

392 High Street Northcote is offered for sale via public auction onsite on Friday 24th May at 1pm.

For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial.

+Kristian Lunardi | 0401 810 556


^Source: TimeOut Magazine, 2024


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3. Property Location

329 High Street, Northcote, VIC, 3070

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