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1-6/46 Woolton Avenue

Thornbury VIC 3071

8
6
8
624 m²
Block of units
Currently for sale - view listing

Overview

RARE SIX-APARTMENT BLUE-CHIP INVESTMENT WITH SIGNIFICANT FUTURE POTENTIAL

Expressions of Interest Closing by Monday 9th November 2026 at 2:00 pm Offering an exceptionally rare blue-chip opportunity, this entire block of six apartments occupies a substantial 624sqm allotment in the heart of Thornbury, just 450m from High Street & 500m from St Georges Road. With a combined gross rental income of approximately $125,000 per annum, the property presents an outstanding opportunity to secure a diversified, high-yielding investment in one of Melbourne's most tightly held inner-north locations. The classic solid-brick complex is offered for sale as one complete holding, with all six apartments & their respective car spaces on separate titles. Comprising four one-bedroom & two two-bedroom apartments, the property provides multiple income streams while offering considerable scope for future enhancement. Each residence features a welcoming entrance hallway, separate kitchen & bathroom facilities & comfortable, well-proportioned accommodation. The apartments are currently neat & clean, yet provide an ideal opportunity for a new owner to modernise & add value over time. Set quietly off the main road in a peaceful residential street, the substantial landholding presents exciting possibilities for investors, renovators & developers alike, including refurbishment, extension or potential redevelopment (STCA). For investors, the combination of six separate tenancies & individual titles provides an attractive level of income diversification. For developers, the substantial land component & premium Thornbury position create a compelling opportunity to explore future development potential. The location is equally impressive. High Street's celebrated selection of cafes, restaurants, bars, boutiques & everyday conveniences is only moments away, while Thornbury Primary School, Croxton School, Mayer Park & Northcote Golf Course are all within easy reach. With train, tram & bus services nearby, residents enjoy effortless access to surrounding suburbs & the Melbourne CBD. A rare combination of substantial land, six separately titled apartments, strong rental income & outstanding inner-north positioning an exceptional opportunity to secure a significant Thornbury property with both immediate investment appeal & substantial future potential.

Features

8 bedrooms
6 bathrooms
8 carspaces
624 m² lot size
Block of units

Happy sellers in Thornbury

89%
89% of sellers in Thornbury reported that their sale price either exceeded or met their price expectations.

Thornbury stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Thornbury over the last 12 months.

Local market activity for 8 bedroom block of units in Thornbury

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