For Sale

1-6/46 Woolton Avenue, Thornbury, VIC, 3071

$2,200,000 to $2,375,000

8
6
8
624 m²

BlockOfUnits

•

1 day on the market

Next inspection:
Saturday 10 October 10:30 AM
View agent price guide

Inspection times

Saturday

What's around 1-6/46 Woolton Avenue

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.

Looking for more information on 1-6/46 Woolton Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Contact

© 2026 RateMyAgent