Development site specialists Savills Australia and New Zealand has recently launched a prime island site located at 137-151 St Georges Road, Northcote. Managed by James Latos and Julian Heatherich in the agency’s Melbourne business, this offering presents a unique opportunity in one of Melbourne's sought-after residential areas, just 6km from the CBD.
Situated at the junction of Arthurton Road and St Georges Road, with Auburn Road bordering its southern side, the vacant land parcel spans 1,811sqm. Zoned as Commercial 1, the site offers flexibility for various development types, including residential, childcare, and retail projects. The strategic location and zoning are expected to attract interest from a range of developers and retailers.
Northcote, known for its vibrant atmosphere and eclectic charm, is recognised as one of Melbourne's premier suburbs. With High Street recently voted as the "coolest street in the world," Northcote offers a blend of creativity, culture, and community spirit. The suburb features several parks and reputable educational institutions, making it an attractive option for families and working professionals.
The appeal of Northcote extends to a wide range of developers, both local and international. Notable groups such as Pace Development Group, Time & Place, and Beulah International have shown interest in the suburb, contributing to its ongoing growth and transformation.