691-693 High Street, Thornbury, VIC 3071

Offices | Retail

For Sale Contact Agent

  • Property ID: 330914
  • Floor Area: 510m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Immaculate Double Fronted Investment

- Positioned within Thornbury’s booming lifestyle and entertainment precinct
- Commanding double frontage of 12.2 metres* to High Street
- Substantial land holding of 456sqm* on two separate titles
- Well-presented and immaculately maintained building of 510sqm*
- Excellent rear access with onsite parking for 8 cars*
- Secure 4 years + 3 years lease to Mind Australia returning $135,000* per annum
- Tenant pays all outgoings
- Surging location less than 7kms* to Melbourne CBD
- Outstanding public transport options nearby with tram stop at doorstep
- Enormous future value add potential (stca)
Thornbury is currently undergoing major gentrification with multiple high density developments completed and planned within and around High Street. This property represents a rare opportunity to invest in a location with significant future upside.

Thornbury Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $178 ---
Retail $5111 $288 5.64%
Offices $4286 $530 12.37%
This is the average advertised price, rent and yield for Thornbury, VIC 3071*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 691-693 High Street, Thornbury, VIC 3071. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 691-693 High Street, Thornbury, VIC 3071. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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