BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:MORTGAGEE AUCTION - Outstanding Medical Freehold\nNelson Alexa nder Commercial are pleased to offer For Sale via Auction this superb sta ndalone medical freehold located in the heart of the highly coveted Westg arth precinct. \n\nKey Features: \n\n> Land area of 505sqm* with on-site car parking. \n> Under pinned by GRZ Zoning allowing for future resident ial conversion (STCA) \n> Northcote has a strong median house price of $1 \,730\,000 and benefits from excellent historical growth. \n> Purpose-bui lt medical fit-out including consulting rooms\, reception and waiting are as \n> High-exposure position opposite Bill Lawry Oval and moments to Hig h Street Northcote and Station Street Fairfield retail strips. \n> Renew ed 3 year lease returning $71\,000 pa* leased to established psychology p ractise 'Engage Psychology' with three locations in Metropolitan Melbourn e. \n> Landlord favoured 5% fixed annual increases \n> Strategic inner-n orth location surrounded by public transport\, lifestyle amenity\, and th riving local businesses \n> Strong tenancy demand for medical and commerc ial properties in the Northcote precinct \n\nFor all enquiries or to arra nge a private inspection\, please contact exclusive agents Nelson Alexand er Commercial. \n\n^source: *** \n*approx. DTEND:20260620T113000 DTSTAMP:20260515T073951Z DTSTART:20260620T103000 LOCATION:151 Westgarth Street\, Northcote VIC SEQUENCE:0 SUMMARY:Auction: 151 Westgarth Street\, Northcote VIC UID:CRE-2020845623-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

MORTGAGEE AUCTION - Outstanding Med ical Freehold
Nelson Alexander Commercial are pleased to offer For Sale via Auction this superb standalone medical freehold located in the h eart of the highly coveted Westgarth precinct.

Key Feature s:

> Land area of 505sqm* with on-site car parking.
> Under pinned by GRZ Zoning allowing for future residential conversion ( STCA)
> Northcote has a strong median house price of $1\,730\,000 and benefits from excellent historical growth.
> Purpose-built med ical fit-out including consulting rooms\, reception and waiting areas > High-exposure position opposite Bill Lawry Oval and moments to High Street Northcote and Station Street Fairfield retail strips.
> R enewed 3 year lease returning $71\,000 pa* leased to established psycholo gy practise 'Engage Psychology' with three locations in Metropolitan Melb ourne.
> Landlord favoured 5% fixed annual increases
> Str ategic inner-north location surrounded by public transport\, lifestyle am enity\, and thriving local businesses
> Strong tenancy demand for medical and commercial properties in the Northcote precinct

For all enquiries or to arrange a private inspection\, please contact ex clusive agents Nelson Alexander Commercial.

^source: ***
*approx.

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