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Nelson Alexander Commercial is delighted to offer For Sale via Expressions of Interest a rare and outstanding investment opportunity in the heart of Thornbury’s vibrant High Street entertaining precinct. Ideally positioned on a prominent and high-exposure site, this substantial double storey freehold plus rooftop is leased to the renowned Umberto Espresso Bar—a much-loved local favourite—on a brand-new 20-year lease (5+5+5+5). This provides an exceptional level of rental security and an attractive, long-term income stream for astute investors. The property features a stunning high-end hospitality fitout that effortlessly blends classic Italian charm with modern elegance. The layout includes a stylish ground floor dining space, a warm and inviting rear courtyard, an elegant first-floor dining room, a private function space, and a breathtaking rooftop bar – the jewel in the crown!
From the moment you enter, you’re transported – this venue wouldn't feel out of place in Rome, Florence, or Venice. It’s a truly unique offering that stands out in Melbourne’s inner north. Located within Thornbury’s thriving entertainment and hospitality precinct, this is a secure, blue-chip investment with strong capital growth prospects. Opportunities of this calibre are incredibly rare. We highly recommend your consideration of this exceptional, "set-and-forget" investment.
Key Property Features:
• Versatile Commercial 1 (C1Z) Zoning
• Substantial landholding of approx. 224m²
• Expansive building area of approx. 320m²
• Brand new secure 20-year lease (5+5+5+5 years)
• Quality tenant (Umberto Espresso Bar) delivering a strong rental yield
• Annual rental income of $125,000 pa plus gst plus outgoings
• Premium High Street Thornbury location
• High-performing, blue-chip investment asset
• Stunning high-end fitout, inside and out
• Ideal “set and forget” investment opportunity
• Multiple dining areas plus a gorgeous balcony and stunning rooftop bar
• A truly rare opportunity in one of Melbourne’s most in-demand suburbs
• High visibility with consistent foot traffic and strong local appeal
• Exceptional investment in a prestigious inner-city location – inspection is a must
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial.
Remember to mention you found this property on CommercialReady
Nelson Alexander Commercial is delighted to offer For Sale via Expressions of Interest a rare and outstanding investment opportunity in the heart of Thornbury’s vibrant High Street entertaining precinct. Ideally positioned on a prominent and high-exposure site, this substantial double storey freehold plus rooftop is leased to the renowned Umberto Espresso Bar—a much-loved local favourite—on a brand-new 20-year lease (5+5+5+5). This provides an exceptional level of rental security and an attractive, long-term income stream for astute investors. The property features a stunning high-end hospitality fitout that effortlessly blends classic Italian charm with modern elegance. The layout includes a stylish ground floor dining space, a warm and inviting rear courtyard, an elegant first-floor dining room, a private function space, and a breathtaking rooftop bar – the jewel in the crown!
From the moment you enter, you’re transported – this venue wouldn't feel out of place in Rome, Florence, or Venice. It’s a truly unique offering that stands out in Melbourne’s inner north. Located within Thornbury’s thriving entertainment and hospitality precinct, this is a secure, blue-chip investment with strong capital growth prospects. Opportunities of this calibre are incredibly rare. We highly recommend your consideration of this exceptional, "set-and-forget" investment.
Key Property Features:
• Versatile Commercial 1 (C1Z) Zoning
• Substantial landholding of approx. 224m²
• Expansive building area of approx. 320m²
• Brand new secure 20-year lease (5+5+5+5 years)
• Quality tenant (Umberto Espresso Bar) delivering a strong rental yield
• Annual rental income of $125,000 pa plus gst plus outgoings
• Premium High Street Thornbury location
• High-performing, blue-chip investment asset
• Stunning high-end fitout, inside and out
• Ideal “set and forget” investment opportunity
• Multiple dining areas plus a gorgeous balcony and stunning rooftop bar
• A truly rare opportunity in one of Melbourne’s most in-demand suburbs
• High visibility with consistent foot traffic and strong local appeal
• Exceptional investment in a prestigious inner-city location – inspection is a must
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial.
Remember to mention you found this property on CommercialReady
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