280 Settlement Road, Thomastown, VIC 3074 | Commercial for rent | OnTheHouse
 
FOR RENT
$110,000 P.A plus Outgoings and GST

280 Settlement Road
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 950m2
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AFFORADABLE SHOWROOM / WAREHOUSE ON SETTLEMENT ROAD SET FOR VARIETY OF USES (STCA)..

Positioned on one of Thomastown's most recognised thoroughfares, this versatile 950m² facility is ideal for businesses seeking excellent exposure and functionality in a tightly held industrial precinct.
The property offers a front showroom with offices, perfect for client-facing operations, plus a large rear warehouse suitable for storage, manufacturing, or a wide range of commercial uses.
A rear roller door provides excellent access for deliveries and logistics, while the Industrial 1 Zone (IN1Z) ensures flexibility for multiple business types with abundant staff and customer parking.
Key Features:
• Total building area: 950m²*
• Front showroom with offices
• Large rear warehouse for storage or production
• Rear Motorised roller door access
• Excellent exposure on busy Settlement Road
• Industrial 1 Zoning (IN1Z)
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Property Details for 280 Settlement Rd, Thomastown

Building Type
Commercial
Floor Size
950m2
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About Thomastown 3074

The size of Thomastown is approximately 14.7 square kilometres. There are 23 parks, covering nearly 4.0% of the total area. The population of Thomastown in 2016 was 20523 people. By 2021 the population was 20234 showing a population decline of 1.4% in the area during that time. The predominant age group in Thomastown is 30-39 years. Households in Thomastown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thomastown work in a trades occupation.In 2021, 67.80% of the homes in Thomastown were owner-occupied compared with 68.50% in 2016.

Thomastown has 12,119 properties. Over the last 5 years, Houses in Thomastown have seen a 11.50% increase in median value, while Units have seen a 18.43% increase. As at 30 June 2026:

  • The median value for Houses in Thomastown is $781,196 while the median value for Units is $538,032.
  • Houses have a median rent of $535 while Units have a median rent of $480.
There are currently 75 properties listed for sale, and 33 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 500 properties were sold in the past 12 months in Thomastown.

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Tim Frlan
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Jonathon Arfi
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Raine & Horne Commercial Brunswick
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