731 High Street, Thornbury, VIC 3071 | Property Value & History | OnTheHouse
OFF MARKET

731 High Street
Thornbury VIC 3071

Bedrooms: -
Bathrooms: -
Car spaces: 1
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Property Details for 731 High St, Thornbury

Building Type
Commercial
Year Built
2007
Local Government
Darebin
Lot/Plan
5/PS603895

Last Listing description (November 2023)

ICONIC BUILDING WITH ICONIC TENANTS.

EXPRESSIONS OF INTEREST.
Superbly renovated Victorian master piece with secure tenants for the next 10 years, now into their 2nd term.
CURRENTLY LEASED AT $66,000 PA ON A 5X5X5 YEAR LEASE WITH 4% INCREASES PER ANNUM. PLUS OUTGOINGS.

This beautiful 1880s masterpiece will impress with its CORNER LOACATION and fabulous fit out.
Currently comprises of 8 main rooms.
Downstairs there are two large open plan dining areas with adjoining covered outdoor dining area, along with a Central service bar and industrial kitchen plus WC.
Upstairs comprises of three large offices again covered balcony and is fitted out with separate kitchen, bathroom and storage.
Originally a fitted dwelling.
Currently leased to Cafe with excellent tenant with secure lease.
TO BE SOLD AS A GOING CONCERN (NO GST PAYABLE)
CALL ROBERT ON 0412800500 FOR INSPECTION

Property History for 731 High St, Thornbury, VIC 3071

A timeline of how this property has performed in the market
Last Sold
$1,475,000
22 Dec 2021
  • 28 Apr 2023
    Listed for Sale EXPRESSION OF INTEREST $1.800000 to $2000000
  • 19 Jul 2021
    Listed for Sale EXPRESSION OF INTEREST $1.800000 to $2000000
  • 27 Jul 2012
    Listed for Rent - Price not available
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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 11,264 properties. Over the last 5 years, Houses in Thornbury have seen a -0.25% decrease in median value, while Units have seen a 6.21% increase. As at 30 April 2026:

  • The median value for Houses in Thornbury is $1,453,148 while the median value for Units is $661,523.
  • Houses have a median rent of $800 while Units have a median rent of $520.
There are currently 28 properties listed for sale, and 15 properties listed for rent in Thornbury on OnTheHouse. According to Cotality's data, 473 properties were sold in the past 12 months in Thornbury.

Suburb Insights for Thornbury 3071

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.