2/638 High Street Thornbury VIC 3071

Shop & Retail
85 m²
Sold, $843,000

YOU'VE WON THE LOTTO WITH THIS INVESTMENT OPPORTUNITY - RENEWED 7 YEAR LEASE TERM

NEW 7 YEAR LEASE - CIRCA 5 PERCENT YIELD
WELL ESTABLISHED LOTTO/AGENCY BUSINESS
TAX DEPRECIATION BENEFITS

- Securely leased retail investment opportunity in the boutique Hive commercial/residential development
- Leased to the very well established Normanby News and Lotto Agency
- Renewed 7 year lease with 2 further options of 7 years to commence 1.11.2024
- Commencing rental of $44,275.55 per annum net plus GST from 1.11.2024.
- The tenant pays

Ray White Preston

363 High Street

Preston, VIC 3072

Property Highlights

Sold Price	$843,000
Floor Area	85 m²
Parking	1 x Onsite parking
Property ID	2018273681
Category	Shop & Retail
Last updated	17 Feb 2025

Map for 2/638 High Street Thornbury VIC 3071

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Nearest transport* to 2/638 High Street Thornbury VIC 3071

Bus

Train

Tram

High St/Clarendon St (Thornbury)	68 m
High St/Clarendon St (Thornbury)	79 m
Clapham St/Normanby Ave (Thornbury)	282 m
Clapham St/Normanby Ave (Thornbury)	297 m

*Within a 4km radius

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Ray White Preston

363 High Street

Preston, VIC 3072

Property Highlights

Sold Price	$843,000
Floor Area	85 m²
Parking	1 x Onsite parking
Property ID	2018273681
Category	Shop & Retail
Last updated	17 Feb 2025

Co-Agents

Ray White Preston

Ray White Preston

More about 2/638 High Street Thornbury VIC 3071

2/638 High Street Thornbury VIC 3071 is categorized as Shop & Retail Property. It has a floor area of 85 m². There are 1 x onsite parkings.The listing ID for this property is 2018273681.