626-628 High StreetThornbury VIC 3071
Property Details for 626-628 High St, Thornbury
Last Listing description (February 2018)
This is a once in a lifetime opportunity to secure a magnificent landholding with an excellent investment opportunity that has future redevelopment potential (STCA).
Developers and investors, this is what you ve been waiting for!
Land with a prominent, high exposure, main road location
Attractive 4% fixed annual rental increases
Tenant pays 100% of all building outgoings including land tax
Major development site of 2,409 sqm (approx.)
Mixed use Redevelopment opportunity (STCA)
2 street frontages
Premium position benefits, only steps to great coffee, tempting restaurants, transport options and thriving Thornbury Village
This rare opportunity ticks all the boxes, with secure current income for a minimum of two (2) years, further options of five (5) years with inbuilt rental growth.
Sit back and enjoy the holding income while you plan and decide the next chapter of 626-628 High Street, Thornbury s life.
Conceptual plans (STCA) available upon request.
Contact: Andrew Soliman 0424 351 997
Guido Bonanni 0407 444 808
or 9841 8000
ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of Australian Sales & Leasing Pty Ltd has any authority to make or give any representation or warranty.
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Please visit http://www.consumer.vic.gov.au/duediligencechecklist to view your rights as a buyer
Property History for 626-628 High St, Thornbury, VIC 3071
- 16 Dec 2017Sold for $9,000,000
- 23 Aug 2017Listed for Sale Contact Agent
- 26 May 2015Sold for $5,500,000
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About 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 11,305 properties. Over the last 5 years, Houses in Thornbury have seen a -4.10% decrease in median value, while Units have seen a 5.52% increase. As at 31 May 2026:
- The median value for Houses in Thornbury is $1,424,760 while the median value for Units is $680,553.
- Houses have a median rent of $800 while Units have a median rent of $520.
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