OFF MARKET

203 Victoria Road
Northcote VIC 3070

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2m2
Land area: 176m2
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Property Details for 203 Victoria Rd, Northcote

Building Type
Commercial
Floor Size
2m2
Land Size
176m2
Local Government
Darebin
Lot/Plan
1/TP250766

Last Listing description (November 2023)

Expression of Interest Close Wednesday 23rd August at 6pm

Introducing an exceptional commercial property for sale in Northcote, Victoria. Located at 203 Victoria Road, this space offers a prime location and a range of features that make it an ideal investment opportunity. One of the standout features of this property is its store front, which provides excellent visibility and exposure to passing foot and vehicle traffic. This makes it perfect for businesses looking to attract customers or clients. The corner allotment also adds to its appeal, as it allows for easy access from multiple directions. With a generous size of 182m2, there is ample space available to accommodate various business needs. Whether you are looking to set up a retail store, professional office space, or even a creative studio, this property can cater to your requirements. The location itself is another major highlight. Situated opposite the newly rebuilt Northcote Aquatic Centre, the property benefits from being in close proximity to a popular recreational facility. This not only attracts potential customers but also enhances the overall appeal of the area. Furthermore, with potential development opportunities in mind, this property holds great value for investors who are looking towards future growth and expansion possibilities. As Northcote continues to develop and evolve as one of Melbourne's sought-after suburbs, owning commercial real estate here can be highly advantageous. It ticks all the boxes for businesses looking for their next venture or investors seeking long-term growth potential.

Property History for 203 Victoria Rd, Northcote, VIC 3070

A timeline of how this property has performed in the market
Last Sold
$800,000
29 Aug 2023
  • 29 Aug 2023
    Sold for $800,000
  • 26 Jul 2023
    Listed for Sale Under Offer
  • 30 Mar 2004
    Sold for $320,000
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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, 570 properties were sold in the past 12 months in Northcote.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.