36 Temple Drive, Thomastown, VIC 3074

Industrial | Development/Land

Sold

Sold

  • Property ID: 438425
  • Floor Area: 1465m²
  • Land Area: 3956m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 08/12/2023 1465m2 3956m2 Contact Agent
A PROPERTY AND HARDSTAND PACKAGE THAT STRETCHES NORTH.

POINT OF INTEREST:
Amongst an industrial ecosystem where business organically booms, 36 Temple Drive has the blueprint for a high-functioning asset and an even higher return on investment. Bucking the commercial standard, this property stretches out instead of up and makes for a compelling offer by numbers alone. Specifically, 3,956 sqm* of land is situated on a corner site for double the street frontage. The industrial facility measures 1,465 sqm* and one of the biggest selling points is the vast hardstand thanks to the land-rich site, lending itself to ample car parking and secure fencing running around the entire perimeter. There’s currently a short-term tenancy. Keon Park railway station is 640 m* away and services the Mernda line, while Western Ring Road sits 400 m* away, the Hume Freeway is a little further at 2.5 km*, and Sydney Road is a useful 4.9 km*.

- Currently leased to Cladding Systems Pty Ltd on a flexible / short-term agreement.
- 1,465 sqm* total building area.
- 3,956 sqm* total land area.
- Passing rental income $132,335.04 per annum + GST
- Industrial 1 zoning.
- Dual street access and significant hardstand area.
- 640 m* to Keon Park railway station.
- 1.24 km* to Western Ring Road and Metropolitan Ring Road.

POINT OF VIEW:
Invest in width, not height. Because when there’s close to 4,000 sqm* of prime northside industrial land up for grabs, the lucrative opportunities for future value add opportunity are only limited by your imagination.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to a lease
  • Car Spaces: Ample on site
  • Condition: fair
  • Air Conditioning: Offices
  • Floors: Concrete
  • Lifts: NA
  • Height: Various
  • Age: Circa 1980's
  • Car Parking Fees: NA
Outgoings
  • Water Rates: $1,322.83
  • Land Tax: $1,600.00 (single holding - 2023)
  • Council Rates: $6,342.99
  • Owners Corp. / Insurance: NA
Thomastown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2891 $287 9.91%
Offices $2519 $200 7.93%
Industrial $3086 $126 4.07%
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.

Property Detail Notes:

  • 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.
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