Positioned in one of Windsor's most tightly held streets, 26 Thorne Street presents a rare opportunity to secure a substantial inner-city asset offering immediate holding income, flexible zoning and strong long-term capital growth prospects.
Occupying 810m2 across two existing lots and benefiting from LMR2 zoning, this north-facing site delivers the fundamentals seasoned investors prioritise: scale, scarcity and strategic positioning within a premium inner-north suburb. Surrounded by established, high-quality residences, the property sits within a blue-chip streetscape where comparable opportunities are seldom offered.
The existing improvements comprise three self-contained two-bedroom apartments, all leased to long-term tenants, providing reliable cash flow while future value-add or redevelopment options are assessed. Constructed in solid post-war brick, the building offers durability and low-maintenance appeal, making it an ideal land-banking or transitional investment.
With multiple potential pathways - including redevelopment into two luxury homes, boutique apartment development (STCA), or retention as a high-performing income asset - this property offers genuine flexibility and multiple exit strategies.
LMR2 zoning allowing for redevelopment potential (STCA)
Three tenanted two-bedroom apartments delivering immediate income
North-facing aspect in a premium Windsor streetscape
Strong value-add, land-banking or redevelopment appeal
The location further underpins long-term performance, with easy access to Windsor State School, St Columba's Primary, Wilston Village, Windsor train station, bus services and major arterial roads.
Opportunities combining land, income and zoning flexibility in this calibre of inner-north location are increasingly scarce. 26 Thorne Street, Windsor represents a compelling acquisition for investors seeking a high-quality asset with enduring demand, strong fundamentals and future upside.
Unit 1 - Lease Agreement: 8/9/25 - 7/9/26 -
