111 High Street Northcote VIC
INVESTMENT OPPORTUNITY – BAR
Steveway Real Estate is pleased to present 111 High Street, Northcote – a rare and tightly held opportunity in the heart of one of Melbourne's most sought-after lifestyle precincts.
Leased to Merri Creek Tavern is a local watering hole and live boutique music venue with liquor licence.
Key Features:
Current rental of $48,391.56 per annum increasing to $50,085.26 per annum on the 01/02/2026.
Lease Term: Four (4) Years from 01/02/2023 – 31/01/2027
Further Term: Four (4) Years for the period 01/02/2027 – 31/01/2031
Outgoings payable by tenant
Building Area: 118 sqm approx.
Land area: 170 sqm approx. with excellent rear access
Commercial 1 Zoning
Open plan layout with courtyard
Opportunity to secure this exceptional securely leased freehold in Melbourne's coolest street!
Nestled among Melbourne's most cherished restaurants, bars, and the renowned Westgarth Cinema. Located in an area where freehold properties seldom become available, this is a rare opportunity to secure a prime spot in the highly sought-after inner north.
Leased to Merri Creek Tavern is a local watering hole and live boutique music venue with liquor licence.
Key Features:
Current rental of $48,391.56 per annum increasing to $50,085.26 per annum on the 01/02/2026.
Lease Term: Four (4) Years from 01/02/2023 – 31/01/2027
Further Term: Four (4) Years for the period 01/02/2027 – 31/01/2031
Outgoings payable by tenant
Building Area: 118 sqm approx.
Land area: 170 sqm approx. with excellent rear access
Commercial 1 Zoning
Open plan layout with courtyard
Opportunity to secure this exceptional securely leased freehold in Melbourne's coolest street!
Nestled among Melbourne's most cherished restaurants, bars, and the renowned Westgarth Cinema. Located in an area where freehold properties seldom become available, this is a rare opportunity to secure a prime spot in the highly sought-after inner north.