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Expressions of Interest Closing Monday 4 May at 5pm For Sale
Expressions of Interest Closing Monday 4 May at 5pm Expressions of Interest Closing Monday 4 May at 5pm

1-4/34 Christmas Street, Northcote, VIC, 3070

Expressions of Interest Closing Monday 4 May at 5pm

Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings

Published on Wednesday, April 08, 2026 ( See property details for 1-4/34 Christmas Street, Northcote, VIC, 3070)

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment opportunity comprising four modern villas on a spacious allotment in the heart of Northcote, with scope for subdivision and strong rental returns.

🏡 Property Highlights

  • Four updated low-maintenance villas on one title with significant rental income potential
  • Large 917sqm allotment offering development or subdivision opportunities (subject to council approval)
  • Prime Northcote location on a tree-lined street close to parks, cafes, and public transport
  • Impressive rental yields of over $119K annually, with potential to increase
  • Modern features including split-system heating/cooling, stainless-steel appliances, and hardwood floors
  • Convenient access to amenities such as Northcote Aquatic & Recreation Centre, schools, and shopping precincts

✨ Key Features

  • Open-Plan Living
  • Dishwasher
  • Built-in Robes
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Home Office / Study
  • Pet-Friendly
  • Balcony
  • Low-Maintenance Yard

Northcote is a vibrant suburb renowned for its eclectic cafes, lively arts scene, and excellent public transport links. Its tree-lined streets and proximity to parks make it ideal for families and professionals. The area offers a mix of historic charm and modern amenities, with easy access to shopping, dining, and recreational facilities. Strong community spirit and ongoing development ensure Northcote remains a highly sought-after location for investors and residents alike.

What are the current rental yields for these units?
The combined rental income currently exceeds $119,000 per annum, with potential to increase to approximately $125,000 per annum.
Is subdivision of the property possible?
Yes, there is scope to subdivide the property into separately-titled dwellings, subject to council approval.
What are the key features of each villa?
Each villa features two bedrooms, a central bathroom, open living and meals area, adjoining kitchen, split-system heating/cooling, stainless-steel appliances, and hardwood floors.
What amenities are nearby?
The property is close to All Nations Park, High Street cafes and shops, supermarkets, public transport including trams and buses, Northcote Aquatic & Recreation Centre, and local schools.
Are there any development restrictions or approvals needed?
Subdivision and development are subject to council approval, and potential buyers should verify all planning and zoning regulations.
Are there any existing planning or zoning restrictions that could affect subdivision or development plans? What are the potential costs associated with subdivision or renovations? Are there any easements, covenants, or restrictions on the property? Has the property been affected by flooding or bushfire risks? Are there any upcoming construction or planning activities in the vicinity that could impact the property? What are the strata or body corporate arrangements, if applicable? Are there any known defects or issues with the buildings or land? Is there any history of pest infestations or environmental concerns? What are the ongoing maintenance costs for the property? Are there any restrictions on pet ownership or use of outdoor spaces?

1-4/34 Christmas Street, Northcote, VIC, 3070 - More Details

Expressions of Interest Closing Monday 4 May at 5pm

Four units one amazing opportunity On a large allotment (approx 917sqm), these four villas on one title present a rewarding opportunity for investors and self-funded retirees alike all in one of Northcote's most attractive tree-lined streets moments from All Nations Park. Each unit highlights a similar design with updated features (two bedrooms, central bathroom, open living/meals area and adjoining kitchen) offering quality low-maintenance living while attracting significant rental yields (currently combined $119K+ per annum/potential combined $125K+per annum). The homes also include split-system heating/cooling, along with a dishwasher, stainless-steel cooking appliances and solid hardwood floors, plus designated off-street parking. Impressive as a whole, there's also scope to sub-divide into separately-titled dwellings (subject to council approval) providing the potential to resell individually. A short stroll to High Street cafes, bars and restaurants, along with shops, supermarkets, city-bound trams and choice of bus routes, it's also close to Northcote Aquatic & Recreation Centre, Croxton Station and popular schools (zoned to Westgarth PS and Northcote HS).
Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4

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