806 High Street,
Thornbury, VIC 3071
Shops & Retail
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Sold
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
806 High Street
Thornbury, VIC 3071
Map of 806 High Street
TENANTED INVESTMENT WITH 10 YEAR LEASE
****SOLD****
Gross Waddell ICR is pleased to offer 806 High Street, Thornbury to the market via Public Auction. This prized property ticks the box of good value investment with a renewed term of Ten (10) Years commencing 15th of September 2023, a commencing rent of $56,500 p.a. Net plus Outgoings plus GST with a fixed 4% annual rent increase.
Nestled at the vibrant heart of Thornbury, 806 High Street enjoys an enviable location surrounded by an array of cafes, restaurants, and bars, each offering a distinct culinary experience that caters to diverse palates. The street is alive with the aroma of freshly brewed coffee from cozy cafes and a diverse option of global cuisines from popular eateries.
For those seeking entertainment and a lively atmosphere, the local bars offer a range of crafted cocktails and live music to ensure vibrant evenings.
The location also boasts excellent connectivity, with convenient access to public transport options that seamlessly link Thornbury to the bustling Melbourne CBD.
Key Highlights:
• Rent: $56,500 p.a. + Outgoings +GST
• Term: Ten (10) years
• Commencement date: 15th of September 2023
• Fixed 4% annual increases
• Proven tenant established 2018
• Two level building
• Rear access via Pender Street
• Ample public transport options
• Desired High St location close to many other thriving business
AUCTION DATE: Friday 15th September at 12:30pm onsite
Sales Terms: 10% deposit and 60 days settlement
Please contact the exclusive selling agents to book in a private inspection.
Gross Waddell ICR is pleased to offer 806 High Street, Thornbury to the market via Public Auction. This prized property ticks the box of good value investment with a renewed term of Ten (10) Years commencing 15th of September 2023, a commencing rent of $56,500 p.a. Net plus Outgoings plus GST with a fixed 4% annual rent increase.
Nestled at the vibrant heart of Thornbury, 806 High Street enjoys an enviable location surrounded by an array of cafes, restaurants, and bars, each offering a distinct culinary experience that caters to diverse palates. The street is alive with the aroma of freshly brewed coffee from cozy cafes and a diverse option of global cuisines from popular eateries.
For those seeking entertainment and a lively atmosphere, the local bars offer a range of crafted cocktails and live music to ensure vibrant evenings.
The location also boasts excellent connectivity, with convenient access to public transport options that seamlessly link Thornbury to the bustling Melbourne CBD.
Key Highlights:
• Rent: $56,500 p.a. + Outgoings +GST
• Term: Ten (10) years
• Commencement date: 15th of September 2023
• Fixed 4% annual increases
• Proven tenant established 2018
• Two level building
• Rear access via Pender Street
• Ample public transport options
• Desired High St location close to many other thriving business
AUCTION DATE: Friday 15th September at 12:30pm onsite
Sales Terms: 10% deposit and 60 days settlement
Please contact the exclusive selling agents to book in a private inspection.
Property ID: 504396120Last Updated: 9 Nov 2023
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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