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Commercial Property

885 High Street

885 High Street, Thornbury VIC 3071, Australia

- Parking
541 m² Land size
- Internal area
$3,010,000 Last sale

Property Information

Business Name
Prana House
Business Type
Yoga studio
Status
Operational

About this commercial property

Located at 885 High Street in Thornbury, Victoria, the 541 m² site is presently operated by Prana House as a yoga studio, offering a layout conducive to open‑plan activities and easy client flow. The property includes parking spaces for staff and visitors and was sold for $3,010,000 on 27 Aug 2016.

Sales history

EventDatePricePrice per m²
Sold
Aug 2016
$3,010,000$5,563

Price per m² based on land size of 541 m².

Key details

Locality
Thornbury
State
VIC
GNAF PID
GAVIC420055464
Legal parcel ID
1\TP757846
Remoteness area
Metro
Property type
Commercial
Land size
541 m²
Internal area
-
Land Use Category
Commercial

Frequently asked questions

What is the size of the property and its current use?

The site sits on 541 m² of land on High Street and is currently occupied by Prana House, a yoga studio.

Is the location suitable for other health‑ and wellness‑oriented businesses?

Yes, being in the centre of Thornbury Village on the bustling High Street shopping strip makes it ideal for fitness, wellness, or boutique service businesses that benefit from high foot traffic.

How well is the property served by public transport?

The site is less than 0.2 km from multiple tram stops, 0.3 km from Thornbury railway station on the Mernda line, and is near several bus routes (e.g., routes 250, 251, 552), providing excellent city‑wide connectivity.

What nearby amenities could support a commercial operation at this address?

Within a few hundred metres you’ll find cultural venues such as Thornbury Theatre and Rio Cinema, as well as cafés, parks (Penders Park) and the Thornbury Post Office, all of which attract regular local visitors.

What is the broader commercial environment of the area?

High Street forms Thornbury’s main commercial strip, centred on Thornbury Village, and is surrounded by mixed‑use shops, restaurants and small‑scale industrial premises along nearby Dundas and Station Streets.

What does the local demographic profile suggest for a new business?

Thornbury’s population of about 19,000 (2021 census) includes strong Australian, English, Irish, Italian and Greek communities, offering a diverse customer base for a range of retail or service concepts.