FOR SALE
$3,200,000 to $3,500,000

49 Gadd Street
Northcote VIC 3070

Bedrooms: 8
Bathrooms: 3
Car spaces: 3
Floor area: 60m2
Land area: 722m2
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NEW YORK STYLE WAREHOUSE IN MELBOURNES MOST LIVABLE SUBURB

Set on 722 M2 of land this contemporary warehouse has it all with 2 separate tenants currently paying $119,000 p.a. combined
PART 1 Comprises of large open plan living with 4 bedrooms, 2 bathrooms and sep large study or 5th bedroom.
Large open plan living of over 180 M2s with views to private deck.
Modern contemporary kitchen with stainless appliances with stone benches and ample storage , solid timber floors and high rafted ceilings with an abundance of natural light.
open plan family room with light filled studio/office area to be able to live, work from comfortably, fully airconditioned and with ample built in storage.
secure and private with access via remote roller door with 2 carparks and lock up garage, all perfectly positioned to an 80 meter walk to trams, and easy access to Northcote Rail, shopping and High Street restaurant's and cafes.
PART 2 Comprise of another sep dwelling with large open plan living with modern kitchen 3/4 bedrooms or sep large study again with all the attributes of this magnificent solid brick building making it the perfect rental investment or inlaw or teenage accommodation.
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Property Details for 49 Gadd St, Northcote

49 Gadd St, Northcote is a 8 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 722m2 and floor size of 60m2. The place is currently for sale with HOLLAND PRICE REAL ESTATE.

Building Type
House
Floor Size
60m2
Land Size
722m2

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About Northcote 3070

The size of Northcote is approximately 6 square kilometres. It has 23 parks covering nearly 11.3% of total area. The population of Northcote in 2011 was 22,919 people. By 2016 the population was 24,582 showing a population growth of 7.3% in the area during that time. The predominant age group in Northcote is 30-39 years. Households in Northcote are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northcote work in a professional occupation. In 2011, 60.7% of the homes in Northcote were owner-occupied compared with 58.6% in 2016.

Northcote has 14,264 properties. Over the last 5 years, Houses in Northcote have seen a 28.31% increase in median value, while Units have seen a 12.00% increase. As at 31 July 2024:

  • The median value for Houses in Northcote is $1,703,247 while the median value for Units is $642,871.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 44 properties listed for sale, and 22 properties listed for rent in Northcote on OnTheHouse. According to CoreLogic's data, 568 properties were sold in the past 12 months in Northcote.

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Robert Sordello
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Jim Dandris
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HOLLAND PRICE REAL ESTATE
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