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806 High Street, Thornbury, VIC, 3071

2. Property Highlights

TENANTED INVESTMENT WITH 10 YEAR LEASE

****SOLD****

Gross Waddell ICR is pleased to offer 806 High Street, Thornbury to the market via Public Auction. This prized property ticks the box of good value investment with a renewed term of Ten (10) Years commencing 15th of September 2023, a commencing rent of $56,500 p.a. Net plus Outgoings plus GST with a fixed 4% annual rent increase.

Nestled at the vibrant heart of Thornbury, 806 High Street enjoys an enviable location surrounded by an array of cafes, restaurants, and bars, each offering a distinct culinary experience that caters to diverse palates. The street is alive with the aroma of freshly brewed coffee from cozy cafes and a diverse option of global cuisines from popular eateries.

For those seeking entertainment and a lively atmosphere, the local bars offer a range of crafted cocktails and live music to ensure vibrant evenings.

The location also boasts excellent connectivity, with convenient access to public transport options that seamlessly link Thornbury to the bustling Melbourne CBD.

Key Highlights:

• Rent: $56,500 p.a. + Outgoings +GST

• Term: Ten (10) years

• Commencement date: 15th of September 2023

• Fixed 4% annual increases

• Proven tenant established 2018

• Two level building

• Rear access via Pender Street

• Ample public transport options

• Desired High St location close to many other thriving business

AUCTION DATE: Friday 15th September at 12:30pm onsite

Sales Terms: 10% deposit and 60 days settlement

Please contact the exclusive selling agents to book in a private inspection.

Remember to mention you found this property on CommercialReady

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3. Property Location

806 High Street, Thornbury, VIC, 3071

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4. Due Diligence

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806 High Street, Thornbury, VIC, 3071 Thornbury
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
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