669 High StreetThornbury VIC 3071
Property Details for 669 High St, Thornbury
Last Listing description (May 2025)
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!
Property History for 669 High St, Thornbury, VIC 3071
- 16 May 2025Sold for $850,000
- 14 Apr 2025Listed for Sale Auction - Contact agent
- 06 Jun 2005Transferred
Recent sales nearby
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About Thornbury 3071
The size of Thornbury is approximately 5.1 square kilometres. It has 26 parks covering nearly 13.6% of 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 11,328 properties. Over the last 5 years, Houses in Thornbury have seen a 11.95% increase in median value, while Units have seen a 21.04% increase. As at 31 December 2025:
- The median value for Houses in Thornbury is $1,499,537 while the median value for Units is $710,054.
- Houses have a median rent of $670 while Units have a median rent of $480.
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