For Sale
LANDMARK NORTHCOTE FREEHOLD WITH SIGNIFICANT DEVELOPMENT UPSIDE (STCA)!
342 High Street, Northcote VIC 3070
Vinci Carbone is pleased to offer for sale 342 High Street, Northcote, a landmark inner-city property occupying a substantial landholding within one of Melbourne’s most established retail, dining and lifestyle precincts.
An exceptional opportunity for investors, owner-occupiers, land bankers and developers to secure a significant 766 sqm* Commercial 1 Zoned site, improved by the landmark former London Chartered Bank building and complemented by a substantial rear landholding offering significant future development potential (STCA).
The property comprises approximately 350 sqm* of character-filled accommodation across two levels, including the dramatic former banking chamber, together with approximately 15.24 metres* of frontage to High Street and secondary frontage and vehicle access from Balgonie Place.
Offered subject to a short-term lease expiring 31 December 2026, the property provides holding income while preserving future flexibility to investigate occupation, refurbishment, repositioning or redevelopment opportunities (STCA).
Positioned in the heart of High Street, Northcote, the property benefits from immediate access to an established mix of retail, dining, entertainment and everyday amenity, together with excellent connectivity via Route 86 tram services and nearby Northcote and Westgarth train stations.
Key Features:
*approx.
An exceptional opportunity for investors, owner-occupiers, land bankers and developers to secure a significant 766 sqm* Commercial 1 Zoned site, improved by the landmark former London Chartered Bank building and complemented by a substantial rear landholding offering significant future development potential (STCA).
The property comprises approximately 350 sqm* of character-filled accommodation across two levels, including the dramatic former banking chamber, together with approximately 15.24 metres* of frontage to High Street and secondary frontage and vehicle access from Balgonie Place.
Offered subject to a short-term lease expiring 31 December 2026, the property provides holding income while preserving future flexibility to investigate occupation, refurbishment, repositioning or redevelopment opportunities (STCA).
Positioned in the heart of High Street, Northcote, the property benefits from immediate access to an established mix of retail, dining, entertainment and everyday amenity, together with excellent connectivity via Route 86 tram services and nearby Northcote and Westgarth train stations.
Key Features:
- Substantial landholding of 766 sqm*
- Landmark two-level former bank building of approximately 350 sqm*
- Commercial 1 Zone
- Approximately 15.24 metre* frontage to High Street with secondary frontage and vehicle access from Balgonie Place
- Significant rear development potential for a boutique apartment or mixed-use development (STCA)
- Short-term lease expiring 31 December 2026, providing holding income and future flexibility
- Prime High Street, Northcote location surrounded by retail, dining, entertainment and public transport
*approx.