622 High Street, Thornbury VIC 3071
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85 sqm / approx
Prime High Street Freehold
Positioned within one of Melbourne's most tightly held and high-exposure retail strips, 622 High Street, Thornbury presents an outstanding opportunity to secure a quality investment underpinned by a brand new lease to an established tenant.
Located amongst a vibrant mix of cafes, specialty retailers and national operators, with tram services at the doorstep and strong surrounding residential density, the property offers investors secure income and exceptional long-term growth potential.
Key highlights include:
• Brand new 5-year lease returning $42,000 per annum + GST + outgoings
• Fixed 4% annual rent increases, providing strong rental growth
• Prime High Street frontage with outstanding exposure and passing traffic
• Commercial 1 Zone (C1Z) allowing a wide range of future uses (STCA)
• Landholding of 145sqm (approx.) with valuable rear access
• Highly sought-after inner northern location with excellent public transport and lifestyle amenity
An exceptional opportunity to acquire a securely leased High Street investment combining immediate income, built-in rental growth and long-term capital appreciation potential.
For further information or to arrange an inspection, please contact Nelson Alexander Commercial.
*approx.
Located amongst a vibrant mix of cafes, specialty retailers and national operators, with tram services at the doorstep and strong surrounding residential density, the property offers investors secure income and exceptional long-term growth potential.
Key highlights include:
• Brand new 5-year lease returning $42,000 per annum + GST + outgoings
• Fixed 4% annual rent increases, providing strong rental growth
• Prime High Street frontage with outstanding exposure and passing traffic
• Commercial 1 Zone (C1Z) allowing a wide range of future uses (STCA)
• Landholding of 145sqm (approx.) with valuable rear access
• Highly sought-after inner northern location with excellent public transport and lifestyle amenity
An exceptional opportunity to acquire a securely leased High Street investment combining immediate income, built-in rental growth and long-term capital appreciation potential.
For further information or to arrange an inspection, please contact Nelson Alexander Commercial.
*approx.
