BLUE CHIP FREEHOLD SHOP
Centralised, connected & convenient this 140sqm land holding is almost unthinkable in location.
Located in the heart of bustling Thornbury, you will find this rare property featuring a prime shop front with maximum exposure in a high traffic spot, extensive internal floorplan, fully fitted kitchen, together with additional accessibility via ROW access.
With the Commercial Zone 1 (CZ 1), there is ample potential to take advantage of; keep it rented, occupy, renovate, option for smaller spaces within the existing infrastructure or even greater opportunity for a full-scale operation to re-develop in the near future (STCA).
Benefiting from the bustling inner north culture you’ll be situated in the heart of Thornbury just 3.9km from the significant Northland Shopping Plaza and 1.3km to Northcote Plaza Shopping Centre. Have your choice just minutes to Thornbury Station or Ivanhoe Station. Bordering the Darebin Creek Trail and the lush greenery of John Cain Memorial Park, its clear you’ll be treated to wide open spaces outside the grounds of your property also.
- Excellent investment opportunity or occupy/re-develop in the near future (STCA)
- Lease expires JUNE 2025
- Fixed annual rental increases of 4%
- 140sqm (approx.) land area
- Tightly held amongst the vibrant retail shopping strip
- Secure established tenant
- ROW access at rear
This could be the keys to your investment success.