For Sale
Thornbury Investment with Award Winning Tenant & Lease Flexibility
829A High Street, Thornbury VIC
Stonebridge Property Group is pleased to present for sale 829a High Street, Thornbury.
Key highlights of the opportunity include:
- A flexible and recently renovated double-storey Thornbury freehold tenanted by a high-performing tenant
- Leased by the award-winning ‘Nest Legal’ law firm, which boasts a 4.9-star Google rating from 215 reviews
- Tenanted on a favourable 4-year term with no further options to renew, providing occupier and value add potential from 2025
- Positioned on 216 sqm* of C1Z land with the added convenience of rear lane access – a major advantage for the current and future tenants
- Well serviced by public transport with direct access to the route 86 tram along High Street, and just 200 m* from Thornbury Train Station, utilised by 592,300** commuters annually
- Neighbouring a plethora of local and established businesses including Little Henri, Umberto Espresso Bar, Barton Fink and Cedar Bakery
- High levels of recent gentrification and medium-density developments along High Street have underpinned the precinct’s growth and drive retail activity
- Thornbury boasts a strong median house price of $1,369,500 – 43% above the Victorian median house price
- Boasting annual holding income of $71,137* + GST
To obtain further information please contact the exclusive selling agents.
*Approximately
** 2018-2019 FY