349 Settlement Road, Thomastown, VIC 3074

Investment | Industrial | Other

Sold

  • Property ID: 286826
  • Floor Area: 845m²
  • Land Area: 1226m²
  • NBN Availability: Build Commenced
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 21/08/2018 845m2 1226m2 Contact Agent
Industrial Investment

Invest or occupy this established main road factory located minutes from the Metropolitan Ring Road in Thomastown. Boasting frontage to Settlement Road, this exceptional standalone property offers rental income until 5th March 2019.

Property Details:
- Building area 845m2*
- Includes 70m2* of office area
- Land area 1,226m2*
- Large power supply
- Air-conditioned ground floor office areas
- 6.5 metres* of warehouse clearance
- 4 onsite parking spaces

Investment Summary:
- Tenant - Northern Belting Pty Ltd
- Lease expires 5th March 2019
- Rental $50,000.00 per annum as from the 5th March 2018
- Security bond $13,750.00 plus directors guarantees

Location:
- Over 3,500 vehicles passing daily.
- 1 minute to the Metropolitan Ring Road.
- 17 Minutes to Melbourne International Airport

For further information please contact CVA Property Consultants.

*approx

Additional Information
Features
  • Availability: Upon settlement
  • Zoning: Industrial 1 Zone (IN1Z)
  • Lease Term: Two years
  • Rent Review: Not applicable
  • Car Spaces: 4 onsite
  • Condition: Good
  • Air Conditioning: Yes within office area
  • Roller Doors: One (1) roller shutter door
  • Floors: Concrete throughout
  • Lifts: N/A
  • Height: 6 Metres approximately
  • Age: Unknown
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,250.00 per annum plus GST
  • Council Rates: $5,192.00 per annum plus GST
  • Owners Corp. / Insurance: $1,309.54 per annum plus GST
Thomastown Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2519 $200 7.93%
Retail $2969 $287 9.65%
Industrial $3035 $124 4.09%
This is the average advertised price, rent and yield for Thomastown, VIC 3074*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Email Agents
Tools
Print BrochureShare Property

  CVA Property Consultants

 

View Agency Profile

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)




Forgot your password?

Don't have an account? Register

×

REGISTER (New Members)

Already have a CPG account? Login

×
The Guide The Guide
Subscribe

Subscribe to our informative monthly guide, where we share news, views and tips about commercial property and the industry in which we specialise.

I am a... *

×

×
REGISTER (New Members)




Already have a CPG account? Login

×