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Northcote Plaza, Shop 23, 25 Separation Street, Northcote, VIC, 3070

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Northcote

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Northcote Plaza, Shop 23, 25 Separation Street, Northcote, VIC, 3070

Properties / Buy / Victoria / Northcote

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Thursday 20th March at 2pm on-site.

Floor Area

73 m² (*approx)

Property Type

Retail

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2. Property Highlights

HIGH PROFILE SHOPPING CENTRE OFFERING

Prime Location within Northcote Plaza
Leased to National Tenant ‘Sussan’
Corner Tenancy

Fitzroys are delighted to offer Shop 23/25 Separation Street, Northcote for sale via public auction on Thursday 20th March at 2pm on-site.

Key Features of the offering include:

- Corner location in one of the main thoroughfares within Northcote Plaza

- One of ‘Sussan’ many locations with over 450 stores nation wide

- Recently renewed 3-year lease

- Leased until October 2027 with no further option

- A fully net return of $60,466* per annum

- Northcote Plaza is anchored by Coles and Liquorland along with other major traders Kaisercraft, Australia Post, OPSM, Melbourne Pathology and Degani’s

- Northcote Plaza is set for revitalisation with developer approved to build 600 apartments across 4 separate towers. Adding density and increasing foot traffic for traders

- The centre has around 900 car parks and is accessible via bus, tram (High Street) and train (Northcote Station)

For further details or to arrange an inspection, please contact the Exclusive Agents Fitzroys.

*Approx

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Retail

Floor Area

73 m² (*approx)

Selling Method

Auction

Auction Date

20 Mar 2025 02:00PM

Add to calendar

Selling Details

Thursday 20th March at 2pm on-site.

2. Property Highlights

HIGH PROFILE SHOPPING CENTRE OFFERING

Prime Location within Northcote Plaza
Leased to National Tenant ‘Sussan’
Corner Tenancy

Fitzroys are delighted to offer Shop 23/25 Separation Street, Northcote for sale via public auction on Thursday 20th March at 2pm on-site.

Key Features of the offering include:

- Corner location in one of the main thoroughfares within Northcote Plaza

- One of ‘Sussan’ many locations with over 450 stores nation wide

- Recently renewed 3-year lease

- Leased until October 2027 with no further option

- A fully net return of $60,466* per annum

- Northcote Plaza is anchored by Coles and Liquorland along with other major traders Kaisercraft, Australia Post, OPSM, Melbourne Pathology and Degani’s

- Northcote Plaza is set for revitalisation with developer approved to build 600 apartments across 4 separate towers. Adding density and increasing foot traffic for traders

- The centre has around 900 car parks and is accessible via bus, tram (High Street) and train (Northcote Station)

For further details or to arrange an inspection, please contact the Exclusive Agents Fitzroys.

*Approx

Remember to mention you found this property on CommercialReady

Tenanted Investment