20 Ford Crescent, Thornbury, VIC 3071

Industrial | Development/Land | Offices

Sold

  • Property ID: 444810
  • Floor Area: 696m²
  • Land Area: 1327m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 02/07/2024 696m2 1327m2 Contact Agent
DAREBIN CREEK VIEWS AND PRIME VERSATILITY: OCCUPY, INVEST OR DEVELOP.

POINT OF INTEREST:

The standard for Thornbury industrial builds in the 1960s was clear: Built to last, stretched out instead of upwards, and suit the majority of commercial pursuits. 20 Ford Crescent fits that bill, but spills out of the regular block size with 1,327 sqm* of land and a total building area of 696 sqm*. That floorplan is then categorised into 300 sqm* of lofty warehousing with multiple roller doors, three-phase power, and handy side lane access. There’s also 396 sqm* of recently renovated office space with heating and cooling, staff amenities, and fantastic natural light. Fronting Ford Crescent, but backing onto the Darebin Creek Trail, this strategic allrounder makes for a lucrative future development opportunity to capitalise on the beautiful northern creek views and access. Bell Street is 3 km* away, the Eastern Freeway is 7 km*, and Heidelberg Road is a handy 1.9 km*. Public transport is simple with Ivanhoe railway station sitting only 1.5 km* from here, accessible by several Darebin Road bus routes. Speaking of Darebin Road, Bunnings Fairfield is just a few minutes west, whilst Ivanhoe’s high street is a little further east and hosts Coles, Liquorland, and a laundry list of local eateries and service providers. We don’t say ‘high demand, low stock’ for fun. Looking at the commercial market, there are no industrial properties even remotely within the same league currently available on the market in Thornbury.

- 696 sqm* in total building area across two titles.
- 1,327 sqm* in land area.
- 300 sqm* warehouse & 396 sqm* of office space.
- Hardstand/yard area
- Industrial 3 zoning.
- 4-6 allocated car spaces.
- 3-phase power and multiple roller doors.
- 1.5 km* to Ivanhoe railway station.
- 3 km* to Bell Street.
- 7 km* to the Eastern Freeway.

POINT OF VIEW:

A flexible and generous chameleon asset, offering a perfect fit for all sectors, either occupy, invest, develop or lease. Throw in Darebin creek trail views and now this Thornbury offer is just showing off.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 90/120 days
  • Car Spaces: 6-8 approx
  • Condition: Good
  • Air Conditioning: Yes
  • Floors: Concrete
  • Lifts: NA
  • Height: Various
  • Age: circa 1960's
  • Car Parking Fees: NA
Outgoings
  • Water Rates: $1,400 (estimate)
  • Land Tax: $3,930.00 (estimate)
  • Council Rates: $5,097.45
  • Owners Corp. / Insurance: NA
Thornbury Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2875 $217 7.54%
Retail $9412 $250 2.66%
Industrial $1971 $147 7.44%
This is the average advertised price, rent and yield for Thornbury, VIC 3071*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Lease

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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