351 Settlement Road, Thomastown, VIC 3074

Industrial

Sold

  • Property ID: 390195
  • Floor Area: 810m²
  • Land Area: 1209m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 810m2 1209m2 Contact Agent
Standalone Industrial Warehouse With Short Term Income

POINT OF INTEREST:
In a competitive market, location and presence is everything. 351 Settlement Road, Thomastown offers that plus so much more. This true standalone factory/warehouse provides a generous clear-span warehouse area with container height roller shutter door access and high capacity power supply. In addition to the features, the property benefits from a short term 6 month lease allowing purchasers the choice to re-lease the property or occupy at the end of the lease term.

- Total building area: 810 sqm*
- Includes 50 sqm* of office/reception area
- Land area: 1,209 sqm*
- 6 metre* internal clearance
- Roller shutter door access
- High capacity power supply
- 8 On-site parking

Lease details:
- Lease term: 6 months commencing 14th June 2021 (No further options)
- Total rental amount of $35,000.00 Net (6 month return only)
- Leased to Zoomwave Constructions (Vic) Pty Ltd
- Security bond of $19,250.00 plus director guarantees

POINT OF VIEW:
You are heading in the right direction. Situated 600m* from the M80 Ring Road and positioned within close proximity to Thomastown's bulky good precinct, the property is within close proximity to major tenants including Bunnings, The Good Guys, Harvey Norman and JB Hif-Fi.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Upon settlement
  • Lease Term: 6 Months
  • Rent Review: N/A
  • Car Spaces: Ample on-site
  • Condition: Very good
  • Air Conditioning: To Office
  • Floors: Concrete/ Tiles
  • Lifts: Nil
  • Height: 6 metre*
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Thomastown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $7509 $146 1.94%
Industrial $3055 $133 4.36%
Retail $6198 $138 2.23%
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:

  • 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.
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