917 High Street, Thornbury VIC 3071
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320 sqm / approx
Rare Thornbury Investment – Long Term Tenancy & Strong Returns
Nelson Alexander Commercial is delighted to offer For Sale via Expressions of Interest a rare and outstanding investment opportunity in the heart of Thornbury’s vibrant High Street entertaining precinct. Ideally positioned on a prominent and high-exposure site, this substantial double storey freehold plus rooftop is leased to the renowned Umberto Espresso Bar—a much-loved local favourite—on a brand-new 20-year lease (5+5+5+5). This provides an exceptional level of rental security and an attractive, long-term income stream for astute investors. The property features a stunning high-end hospitality fitout that effortlessly blends classic Italian charm with modern elegance. The layout includes a stylish ground floor dining space, a warm and inviting rear courtyard, an elegant first-floor dining room, a private function space, and a breathtaking rooftop bar – the jewel in the crown!
From the moment you enter, you’re transported – this venue wouldn't feel out of place in Rome, Florence, or Venice. It’s a truly unique offering that stands out in Melbourne’s inner north. Located within Thornbury’s thriving entertainment and hospitality precinct, this is a secure, blue-chip investment with strong capital growth prospects. Opportunities of this calibre are incredibly rare. We highly recommend your consideration of this exceptional, "set-and-forget" investment.
Key Property Features:
• Versatile Commercial 1 (C1Z) Zoning
• Substantial landholding of approx. 224m²
• Expansive building area of approx. 320m²
• Brand new secure 20-year lease (5+5+5+5 years)
• Quality tenant (Umberto Espresso Bar) delivering a strong rental yield
• Annual rental income of $125,000 pa plus gst plus outgoings
• Premium High Street Thornbury location
• High-performing, blue-chip investment asset
• Stunning high-end fitout, inside and out
• Ideal “set and forget” investment opportunity
• Multiple dining areas plus a gorgeous balcony and stunning rooftop bar
• A truly rare opportunity in one of Melbourne’s most in-demand suburbs
• High visibility with consistent foot traffic and strong local appeal
• Exceptional investment in a prestigious inner-city location – inspection is a must
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial.
From the moment you enter, you’re transported – this venue wouldn't feel out of place in Rome, Florence, or Venice. It’s a truly unique offering that stands out in Melbourne’s inner north. Located within Thornbury’s thriving entertainment and hospitality precinct, this is a secure, blue-chip investment with strong capital growth prospects. Opportunities of this calibre are incredibly rare. We highly recommend your consideration of this exceptional, "set-and-forget" investment.
Key Property Features:
• Versatile Commercial 1 (C1Z) Zoning
• Substantial landholding of approx. 224m²
• Expansive building area of approx. 320m²
• Brand new secure 20-year lease (5+5+5+5 years)
• Quality tenant (Umberto Espresso Bar) delivering a strong rental yield
• Annual rental income of $125,000 pa plus gst plus outgoings
• Premium High Street Thornbury location
• High-performing, blue-chip investment asset
• Stunning high-end fitout, inside and out
• Ideal “set and forget” investment opportunity
• Multiple dining areas plus a gorgeous balcony and stunning rooftop bar
• A truly rare opportunity in one of Melbourne’s most in-demand suburbs
• High visibility with consistent foot traffic and strong local appeal
• Exceptional investment in a prestigious inner-city location – inspection is a must
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial.
