SOLD
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Sold on 25 Sep 2024 - Price Unavailable

827-829 High Street
Thornbury VIC 3071

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 386m2
Sold By
McGrath Northcote (F)
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Property Details for 827-829 High St, Thornbury

Building Type
Land
Year Built
2015
Floor Size
76m2
Land Size
386m2
Local Government
Darebin
Lot/Plan
CP167261

Last Listing description (September 2024)

- Invest, Renovate or Develop (STCA)
- Land size: 386sqm (11.8m x 32.7m) approx.
- Commercial Zone 1

- ROW at rear of property
- 4 car off street parking

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.

Property History for 827-829 High St, Thornbury, VIC 3071

A timeline of how this property has performed in the market
Last Sold
25 Sep 2024
Listed for Rent
$310/w
25 Oct 2016
  • 25 Sep 2024
    Sold
  • 30 Aug 2024
    Listed for Sale Contact Agent
  • 30 May 2024
    Listed for Sale Contact Agent
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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 11,339 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:

  • The median value for Houses in Thornbury is $1,489,735 while the median value for Units is $684,703.
  • Houses have a median rent of $720 while Units have a median rent of $480.
There are currently 27 properties listed for sale, and 28 properties listed for rent in Thornbury on OnTheHouse. According to CoreLogic's data, 486 properties were sold in the past 12 months in Thornbury.

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Disclaimer
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.