60 Commercial Drive, Thomastown, VIC 3074

Industrial

Sold

  • Property ID: 431439
  • Floor Area: 400m²
  • Land Area: 673m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 31/07/2023 400m2 673m2 Contact Agent
FREEHOLD WAREHOUSE HAS A RING (ROAD) TO IT.

POINT OF INTEREST:
For sale via Public Auction - Wednesday 21st June 2023 at 2pm onsite.

A trade secret within the commercial industry: Single-level warehouses are worth more. It has something to do with the accessibility, of course, but it’s more to do with the generous spread of land you receive, instead of occupying vertical space. And here, there’s 673 sqm* of highly sought-after land on offer, with a flexible and modern 400 sqm* building included within the package. Mezzanine storage, a clever front office, 7 car spaces, and a roller door make the standalone freehold title that much better. If you’re thinking of storing tech, stock, or equipment here, there are security gates and fencing to assist, and if you’re more in the automotive trade, the wide street and lack of similar businesses on the block will be of interest. Speaking of, you’ll be rubbing shoulders with the likes of Reece Plumbing, Morabito Wholesale Grocers, and Procast Australia.

- 400 sqm* total building area.
- 673 sqm* total land area.
- Industrial 1 zoning.
- 7 allocated car spaces on-site.
- Mezzanine storage space.
- Security gates and fencing.
- 300 m* from Metropolitan Ring Road.
- 1.7 km* from Plenty Road.


POINT OF VIEW:
With proximity to Metropolitan Ring Road that’s practically in view from your doorstep, the connection to Melbourne’s best arterials Drives Commercial enterprises even further.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Upon Settlement
  • Car Spaces: 7 Onsite parking spaces
  • Condition: Good
  • Air Conditioning: N/A
  • Floors: Concrete and Carpet throughout
  • Lifts: N/A
  • Height: 5.2 Metres approximately
  • Age: Unknown
Outgoings
  • Water Rates: $1,146.74p.a.*
  • Land Tax: $1,692.93p.a.*
  • Council Rates: $1,916.63p.a.*
  • Owners Corp. / Insurance: N/A
Thomastown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2891 $287 9.91%
Industrial $2990 $126 4.20%
Offices $2519 $200 7.93%
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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