Ray White Commercial Melbourne are excited to present for sale by Auction a superb boutique investment in the thick of the action - 669 High Street, Thornbury.
Key highlights of the opportunity include:
- Quality improvements comprise stylish café space with kitchen, service bar, amenities and ample seating. Rear of the building provides a spacious 2 bedroom apartment plus space for off street car parking via the rear lane
- Position directly opposite Martin Street provides a great leafy backdrop/view for the tenant and their patrons
- Flexible Commercial 1 Zoning with frontage to High Street and rear lane
- Leased to longstanding and well-regarded tenant 'Crunch Café' who recently renewed until June 2028
- Strong annual rental increase of 5% p.a
- Strategically located in the heart of vibrant High Street - recently voted the 'coolest street in the world'
- Pole position in High Street surrounded by well-known hospitality including 1800 Lasagne, Farro Pizzeria, Psarakos Market, Franklin's Bar, Welcome to Thornbury and many more
A unique opportunity to purchase a diverse commercial & residential property in prime High Street, Thornbury - at boutique price point!
Remember to mention you found this property on CommercialReady
Ray White Commercial Melbourne are excited to present for sale by Auction a superb boutique investment in the thick of the action - 669 High Street, Thornbury.
Key highlights of the opportunity include:
- Quality improvements comprise stylish café space with kitchen, service bar, amenities and ample seating. Rear of the building provides a spacious 2 bedroom apartment plus space for off street car parking via the rear lane
- Position directly opposite Martin Street provides a great leafy backdrop/view for the tenant and their patrons
- Flexible Commercial 1 Zoning with frontage to High Street and rear lane
- Leased to longstanding and well-regarded tenant 'Crunch Café' who recently renewed until June 2028
- Strong annual rental increase of 5% p.a
- Strategically located in the heart of vibrant High Street - recently voted the 'coolest street in the world'
- Pole position in High Street surrounded by well-known hospitality including 1800 Lasagne, Farro Pizzeria, Psarakos Market, Franklin's Bar, Welcome to Thornbury and many more
A unique opportunity to purchase a diverse commercial & residential property in prime High Street, Thornbury - at boutique price point!
Remember to mention you found this property on CommercialReady
669 High Street, Thornbury, VIC, 3071
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis