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Overview
This 313 square metre parcel of land in Thornbury presents a compelling opportunity for developers, investors, or anyone looking to build in a highly sought-after Melbourne locale.
Boasting a Commercial 1 zoning, the site offers versatile potential for a range of commercial or mixed-use projects, providing a flexible foundation for future aspirations. Its position on St Georges Road places it within easy reach of bustling high street amenities, including an array of shops, cafes, and restaurants - perfect for integrating lifestyle with commercial viability.
Public transport access is convenient, with the St Georges Road tram and Thornbury train station nearby, ensuring excellent connectivity for workers, customers, or residents. This rare offering of a commercial-zoned land in a prime area makes it particularly attractive for those seeking to establish or expand a business footprint in a vibrant community setting.
- Prime Commercial 1 zoned land of approximately 313m²
- Located in a desirable area known for lively local retail and dining options
- Close proximity to major public transport links, enhancing accessibility
- Ideal for a variety of development options to suit diverse business or development goals
In summary, this land parcel offers a strategic and valuable canvas for those ready to create, develop, or invest within Thornbury's dynamic environment.
Local Market Insights
In Thornbury, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $1,675,000. The property type mix of listed properties is predominantly Houses at 38%, followed by apartments (19%), and units (16%). The most active agency for land in the Thornbury area is currently Ray White, representing 50% of new listings, followed by Nelson Alexander with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Thornbury VIC 3071
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