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1-6/46 Woolton Avenue, Thornbury, Vic 3071 For Sale
1-6/46 Woolton Avenue, Thornbury, Vic 3071 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Image 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Floorplan 1-6/46 Woolton Avenue, Thornbury, Vic 3071-Floorplan

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

$2,200,000 - $2,375,000

Block Of Units
Type
8
Bedrooms
6
Bathrooms
6
Parkings

Published on Tuesday, October 06, 2026 ( See property details for 1-6/46 Woolton Avenue, Thornbury, Vic 3071)

$2,200,000 - $2,375,000

Bernard Stocco - Real Estate Agent - Quixley Real Estate - Fairfield
Bernard Stocco Director & Licensed Estate Agent
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Daniel Stocco - Real Estate Agent - Quixley Real Estate - Fairfield
Daniel Stocco Partner Licensed Estate Agent Auctioneer
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Open on Saturday 10 October 10:30 am | View All

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, high-yielding investment opportunity comprising six separately titled apartments on a substantial landholding in the heart of Thornbury with significant future development potential.

🏡 Property Highlights

  • Complete block of six apartments on a substantial 624sqm allotment
  • Strong combined gross rental income of approximately $125,000 per annum
  • Prime Thornbury location just 450m from High Street and 500m from St Georges Road
  • Potential for future enhancement, refurbishment, extension, or redevelopment (STCA)
  • All six apartments on separate titles, offering income diversification
  • Close proximity to cafes, restaurants, boutiques, parks, and public transport

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Separate Kitchen & Bathroom Facilities
  • Multiple Income Streams
  • Potential for Modernisation & Value-Adding
  • Substantial Landholding
  • Separate Titles for Each Apartment
  • Peaceful Residential Street
  • Close to Public Transport
  • Development Potential (STCA)

Thornbury is a vibrant inner-north Melbourne suburb renowned for its eclectic cafes, boutique shopping, and lush parks. Its excellent public transport links provide effortless access to Melbourne CBD and surrounding areas. The community offers a family-friendly environment with quality schools, recreational facilities, and a strong sense of local character. The suburb’s ongoing development and proximity to amenities make it a highly sought-after location for investors and residents alike. Thornbury’s blend of lifestyle, convenience, and growth potential positions it as a premier inner-city suburb.

What are the current rental yields and vacancy rates for these apartments?
The combined gross rental income is approximately $125,000 per annum, indicating a strong yield; vacancy rates are typically low in Thornbury due to high demand, but specific figures should be confirmed with a local property manager.
Are there any planning restrictions or zoning regulations affecting redevelopment or extensions?
Potential redevelopment or extensions are subject to council approval and planning regulations (STCA). It is recommended to consult with the local council for detailed zoning and planning controls.
What are the potential costs involved in modernising or refurbishing the apartments?
Costs will vary depending on the scope of works, but opportunities exist to update interiors, improve amenities, and add value. A detailed building and renovation assessment is advised.
Are there any easements, covenants, or restrictions on the land?
The property is on separate titles with no publicly known easements or covenants; however, a title search should be conducted for confirmation.
What are the nearby amenities and transport options?
The property is close to High Street’s cafes, restaurants, boutiques, parks, and public transport including train, tram, and bus services, providing excellent connectivity.
Are there any hidden costs or upcoming maintenance expenses associated with the property? Have all necessary planning permits and approvals been obtained for any past or proposed development works? Are there any existing or past issues with building defects, pests, or structural integrity? Is the property located within a flood or bushfire risk zone? Are there any current or planned nearby construction activities that could impact the property? What are the strata or body corporate fees and regulations, if applicable? Are there any easements or restrictions that could limit future development or use? Has a recent pest and building inspection been conducted? Are there any zoning restrictions that could affect future redevelopment plans? What are the long-term plans for infrastructure or community development in the area?

1-6/46 Woolton Avenue, Thornbury, Vic 3071 - More Details

$2,200,000 - $2,375,000

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.
Type
Block Of Units
Bedrooms
8
Bathrooms
6
Parkings
6

Price guide

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  • Inspection Sat 10 Oct 10:30 am

    Saturday 10 October
    10:30 am - 11:00 am
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