1 Strettle StreetThornbury VIC 3071
Property Details for 1 Strettle St, Thornbury
1 Strettle St, Thornbury is a 8 bedroom, 8 bathroom Unit with 8 parking spaces and was built in 2010. The property has a land size of 924m2 and floor size of 137m2.
Last Listing description (October 2023)
Expressions of Interest Closing Monday 4 December 2023 at 4.00 pm
In a sought after Thornbury pocket, this is a rare & unique investment opportunity to secure a block of 8 apartments all on one title (close to Egan & Strettle Reserves & Miller Street/Gilbert Rd shops). Positioned on a large underdeveloped corner allotment, this represents an ideal location that is convenient for renters & with future potential for expansion (STCA).
With a solid & secure rental history, all apartments are securely leased & comprise 8 x one bedroom apartments - providing a great & steady income stream.
Apartments are spacious, well presented & a mix of renovated & unrenovated. Each apartment comprises separate kitchen, bathroom with shower over bath, separate light-filled lounge room & spacious bedroom. The complex provides a communal laundry on site as well as off-street car parking for all 8 apartments.
Don't miss out on this opportunity to secure an income-generating asset with vast potential. Superbly located in Thornbury & close to shops & public transport on Gilbert Road/Miller Street & with lush surroundings at Egan & Strettle Reserves - not to mention Merri Creek River & Trail at the end of the street.
Property History for 1 Strettle St, Thornbury, VIC 3071
- 27 Oct 2023Listed for Sale $2,300,000 to $2,500,000
Recent sales nearby
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0About Thornbury 3071
The size of Thornbury is approximately 5.1 square kilometres. There are 26 parks, covering nearly 13.6% of the total area. The population of Thornbury in 2016 was 18568 people. By 2021 the population was 19005 showing a population growth of 2.4% in the area during that time. The predominant age group in Thornbury is 30-39 years. Households in Thornbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornbury work in a professional occupation.In 2021, 55.90% of the homes in Thornbury were owner-occupied compared with 53.60% in 2016.
Thornbury has 11,315 properties. Over the last 5 years, Houses in Thornbury have seen a -4.70% decrease in median value, while Units have seen a 13.24% increase. As at 30 June 2026:
- The median value for Houses in Thornbury is $1,437,180 while the median value for Units is $711,960.
- Houses have a median rent of $805 while Units have a median rent of $540.
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