AN ICONIC OPPORTUNITY TO OCCUPY/INVEST OR VALUE ADD IN THE HEART OF NORTHCOTE – A TOP 10 VICTORIAN SUBURB
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 14-24 Pearl Street, Northcote – A highly regarded former residential Aged Care facility located in Melbourne’s inner north.
OVERVIEW
+Blue-chip and highly regarded former residential Aged Care facility with 75 beds (all single rooms with ensuite) maintained to the highest of standards and suitable for occupation
+Projected fully leased income of $640,000p.a* +
+High exposure location with over 69m* frontage to Pearl Street
+Substantial landholding of 2,895sqm* - One of the largest land parcels offered in the Northcote/ Clifton Hill area in a decade
+Ample street parking along Pearl street with an additional 12 at-grade spaces
+Existing building area of 3,617sqm* (RACF) offered with vacant possession
LOCATION
+Located under 20m* from High Street – one of Victoria’s most popular retail thoroughfares also providing direct access to the Yarra Trams network and Melbourne CBD
+Zoned General Residential, suitable for a variety of outcomes including Residential Aged Care, Land banking, Supported Residential Services , NDIS Accommodation or Healthcare development (STCA)
+Blue-chip North Melbourne location only 5.2km* to the Melbourne CBD with booming median house price growth of 33%* in the past 6 years ($1,555,000*)
+A stones throw to diverse lifestyle amenity including, bustling cafes and restaurants plus a wide array of shopping and lifestyle amenity including Northcote Plaza, High Street retail strip and more
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 15TH SEPTEMBER AT 2:00PM (AEST)
For further information, contact the exclusive sale and marketing agents:
Marcello Caspani-Muto
0417 065 777
Sandro Peluso
0418 389 757
Jimmy Tat
0439 399 118
approx*
Remember to mention you found this property on CommercialReady.com.au
