



Stonebridge Property Group is pleased to present 86-88 Herbert Street, Northcote, offered for sale via Public On-site Auction.
The property is fully leased to national not-for-profit organisation Able Australia (formerly the Deafblind Association).
Key highlights of the property include:
- Leased to Able Australia Services, returning $131,680* per annum
- Able Australia is an established not-for-profit provider of disability and aged care services, operating since 1967. Supporting more than 4,000 people across six states and territories, Able is a registered NDIS and My Aged Care provider, underpinned by long-term demand for essential community and care services
- Substantial 1,017 sqm* Industrial 3 Zone landholding with significant scope for development upside (STCA)
- Significant potential to reposition into two office/warehouse buildings
- Dual street frontages to Herbert Street and rear lane access
- Quality freehold improvements comprising a 716 sqm* building (GBA) offering multiple meeting rooms, boardroom, disability toilet and 2 on-site car parks
- Land tax is currently exempt under the existing not-for-profit tenancy
- Ideal for investors seeking a secure inner-city asset, or owner-occupiers planning a future occupation strategy (STCA)
- Zoned Industrial 3 (IN3Z) allowing for uses including but not limited to office/commercial, retail, warehouse or a clever combination (STCA)
- Situated within the burgeoning Northcote precinct, a precinct defined by warehouses, breweries, bars, restaurants, and national tenants noting Northcote Plaza Shopping Centre (600 m*)
- Strategically connected to Melbourne CBD (5.5 km*) via Northcote Train Station (opposite), tram stops along High Street (300 m*) or St Georges Rd (500 m*)
86-88 Herbert Street, Northcote is for sale via Public On-site Auction Thursday 15th October 2026 at 2:30PM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 341
Max Warren
0488 296 892
Ian Lam 林煒峻
国语 / 粤语咨询
0485 693 699
WeChat ID: Ianlam2001
*Approximately
Property Code: 1828
Email enquiry to Stonebridge Property Group - Melbourne
Property ID: 505231476
Original Property ID: 505231476