- Invest, Renovate or Develop (STCA)
- Land size: 386sqm (11.8m x 32.7m) approx.
- Commercial Zone 1
This double storey property encompassing a double shopfront, a two bedroom first floor apartment plus a one bedroom first floor apartment, presents savvy owner occupiers, investors and developers a rare opportunity to create something exceptional in Thornbury's premier cafe & restaurant retail precinct. An unmissable offering of 386sqm (approx.) of land and excellent rear access via ROW.
- Spacious double shopfront with additional rooms faces renowned High Street
- Rear right entry provides four car off street parking via roller door access
- Two oversized apartments, each with a balcony and sweeping city views
- Both apartments each provide an open plan living and kitchen, central bathroom with laundry and built in robes in bedrooms
- Multifaceted investment property in a high-profile location
- Enjoying phenomenal connectivity, near all transport, shopping and schools
- Direct access to route 86 tram along High Street and 200 meters (approx.) from Thornbury Train Station
- In the absolute prime High Street hospitality precinct, recently being voted the Worlds Coolest Street by TimeOut Magazine 2024
- A true 'blank canvas' opportunity with options to renovate/redevelop, STCA on 386sqm (approx.)
- One bedroom apartment currently leased month to month at approx. $15,900 pa
827-829 High Street, Thornbury is offered For Sale via public Auction on Wednesday 25th September at 1pm.
For all enquiries or to arrange a private inspection, please contact the selling agent.
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 11,339 properties. Over the last 5 years, Houses in Thornbury have seen a 22.13% increase in median value, while Units have seen a 20.95% increase. As at 31 October 2024:
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