FOR SALE
EOI $700,000 - $770,000

375 St Georges Road
Thornbury VIC 3071

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 88m2
Land area: 254m2
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INVEST, OCCUPY OR REDEVELOP - EX HOSPITALITY PREMISES

- Situated on busy St Georges Road, this shop and one-bedroom residence offers the flexibility to invest and lease out the property, work and live from the property or to re develop into a mixed use commercial/residential (STCA) site
Features include:
- Shopfront of 46 sqm approx *
- Commercial kitchen
- Bathroom and laundry facilities
- Total building of 88 sqm *
- Land area of 254 sqm *
- Zoned Commercial One
- Rear laneway access to parking/courtyard
From 1 July 2024, the State Revenue Office allows buyers of commercial and industrial properties to choose between paying stamp duty at settlement or spreading the payments over 10 years.
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Property Details for 375 St Georges Rd, Thornbury

Building Type
Commercial
Floor Size
88m2
Land Size
254m2

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About Thornbury 3071

The size of Thornbury is approximately 5.1 square kilometres. It has 26 parks covering nearly 13.6% of total area. The population of Thornbury in 2011 was 17,433 people. By 2016 the population was 18,543 showing a population growth of 6.4% in the area during that time. The predominant age group in Thornbury is 30-39 years. Households in Thornbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornbury work in a professional occupation. In 2011, 56.3% of the homes in Thornbury were owner-occupied compared with 53.6% in 2016.

Thornbury has 11,410 properties. Over the last 5 years, Houses in Thornbury have seen a 18.60% increase in median value, while Units have seen a 1.60% increase. As at 30 November 2024:

  • The median value for Houses in Thornbury is $1,462,437 while the median value for Units is $625,267.
  • Houses have a median rent of $720 while Units have a median rent of $480.
There are currently 16 properties listed for sale, and 17 properties listed for rent in Thornbury on OnTheHouse. According to CoreLogic's data, 483 properties were sold in the past 12 months in Thornbury.

Suburb Insights for Thornbury 3071

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John Kalpakis
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Mitch Kalpakis
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Ray White Preston
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.