Great offering of this fully fitted and operating food premises of 138sqm approx, located in the Heart of Thornbury with excellent passing traffic and exposure. Owner has very profitably operated Monticello Cake Shop and Cafe [ a local ICON] in the same location for over 50 years. Health and age have combined to force the owner to offer the premises and equipment for Lease.
This is a very rare opportunity to lease an air conditioned, operating, money making food premises with all equipment, machinery and infrastructure in place. OWNING THE EQUIPMENT AND MACHINERY AFTER 5 YEARS.
Lease Offering 1. The Premises. $36750.00 PA + Outgoings + GST.
Lease Offering 2. Equipment and Machinery. $8000.00 pa for 5 years
All mixing equipment and machinery, cool room, dual oven, gelati maker, display fridges, furniture, benches.
Tenant will have full cost and responsibility for servicing and maintenance of equipment and machinery.
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 11,304 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:
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