The Ruber Group has listed a nine storey apartment development site in the heart of Northcote.

The 1436 sqm corner site is at 387-393 High Street.

https://www.realcommercial.com.au/for-sale/property-387-393-high-street-northcote-vic-3070-503812834

It is on the corner of Separation Street, opposite Northcote Central and Plaza shopping centres.

It comes with a permit for 77 apartments across nine levels plus two retail spaces.

The design was by Hayball.

The project comes with an $7.5 million to $8 million price guide with offers due May 27.

Colliers' agents Jozef Dickinson, Hamish Burgess and Joe Kairouz have the listing of the Commercial 1 zoned site which is currently a large showroom leased to Sportsmart.

It is the only 'ready to go' development site of scale along the High Street strip.

The site was bought for $5 million in 2014.

The nearby Northcote Central and the Plaza are undergoing redevelopment.

 CRS agent Lou Montalti is auctioning a nearby smaller 560 sq m development site at 463-467 High Street on May 27.

It is permit approved for a six level residential development with basement car parking, two ground floor shops and 17 apartments 

Colliers advise there were no other 'ready to go' development sites of scale along the High Street strip

Ruber Group

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