1-7/79 Harold Street Thornbury 3071

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Ready For New Beginnings

9Number of bedrooms 7Number of bathrooms 7Number of Car Spaces

$1,900,000 - Sold 11 Oct 2023

Offered for the first time as one package, this solid block of seven apartments is ready to be taken on a new journey. Presenting a wide range of exciting possibilities for developers and savvy investors, where you buy now and make your mark, whilst exploring and building a rewarding future. Positioned in the hub of vibrant Thornbury, where gold star conveniences sit directly at your door.

– Currently comprising of seven apartments in total
– Six x one beds, One x three bed
– Each residence comes with one car space
– Communal/shared driveway
– Three out of seven residences are currently tenanted on a month-by-month basis
– The remainder sit vacant, or have already been gutted and primed for a striking renovation

Some outstanding options are:
– Rejuvenate each apartment with the view to hold, achieving multiple rental incomes
– Renovate each residence with intent to sell individually, for strong return
– Take on a complete renovation overhaul where you tastefully modernise each residence, and perhaps even go the step further with the addition of individual courtyards, to maximise amenity and enjoyment to each apartment (STCA), with intent to lease or sell
– The finale would be to take advantage of the large block size of 708m2 approximately and redevelop the site with multiple state-of- the-art, masterpieces, for leasing, or sale (STCA)

No need to take the car anywhere as the position seals the deal with five-star amenities:
– St Georges Road trams and Thornbury Station are within walking distance for easy link to Melbourne CBD
– Northcote High School catchment, Northcote Primary School, St Joseph’s Primary School
– Merri Creek Trails, Turner Reserve, Mayer Park, Northcote Golf Course
– Miller Street Shopping Village, High Street’s food and retail district, Northcote Plaza, Preston Market
– Positioned less than 7kms approximately from Melbourne CBD

An inner-city offering such as this is rarely made available for sale as one package. Whichever path you decide, the future looks bright and exceedingly lucrative!

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