28 Thomas Street, Moonee Ponds, VIC 3039 | Property Value & History | OnTheHouse
 
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28 Thomas Street
Moonee Ponds VIC 3039

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
Land area: 1928m2
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Property Details for 28 Thomas St, Moonee Ponds

Building Type
Unknown
Floor Size
160m2
Land Size
1928m2
Local Government
Moonee Valley
Lot/Plan
A/PS805188

Last Listing description (December 2022)

Burgess Rawson is pleased to offer to the market, 28 Thomas Street, Moonee Ponds VIC for sale via our Auction Investment Portfolio 157.

This investment has the following key investment highlights:

+Secure 20 year net lease to Busy Bees to 2039.

+Two further 10 year options to 2059.
+Busy Bees: UK-based, global early childhood education operator with more than 850 centres worldwide, including 222 in Australia and New Zealand
+Favourable annual CPI reviews.
+Strong trading business with 100% occupancy & long wait-list.
+Tenant pays all usual outgoings including management fees.
+Impressive 91 LDC place childcare centre offering significant depreciation benefits.
+Rated 'Exceeding' under the National Quality Standards (NQS)
+Prime 1,928sqm* corner site with favourable 'Activity Centre' zoning, fronting both Thomas Street and McPherson Street and adjoining the $2 billion residential redevelopment of Moonee Valley Racing Club.
+Conveniently located metres from the Moonee Ponds Precinct, offering prominent access to a vast range of retail and commercial amenities, including the Coles and ALDI-anchored Moonee Ponds Central Shopping Centre.
+Moonee Ponds: desirable inner-city northern suburb only 5km from Melbourne CBD and with a median house price of $1.6 million.
+Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In 2022 the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+Net Income: $325,576 pa + GST.

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 7 December 2022
Crown Casino - River Room

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Property History for 28 Thomas St, Moonee Ponds, VIC 3039

A timeline of how this property has performed in the market
Last Sold
$6,455,000
07 Dec 2022
  • 07 Dec 2022
    Sold for $6,455,000
  • 08 Nov 2022
    Listed for Sale Price on Request
  • 10 Dec 2019
    Sold for $6,605,000
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About Moonee Ponds 3039

The size of Moonee Ponds is approximately 4.4 square kilometres. It has 20 parks covering nearly 17.0% of total area. The population of Moonee Ponds in 2016 was 14250 people. By 2021 the population was 16224 showing a population growth of 13.8% in the area during that time. The predominant age group in Moonee Ponds is 30-39 years. Households in Moonee Ponds are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Moonee Ponds work in a professional occupation.In 2021, 58.90% of the homes in Moonee Ponds were owner-occupied compared with 60.30% in 2016.

Moonee Ponds has 11,071 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 14.15% increase in median value, while Units have seen a 13.03% increase. As at 31 December 2025:

  • The median value for Houses in Moonee Ponds is $1,619,353 while the median value for Units is $621,320.
  • Houses have a median rent of $690 while Units have a median rent of $550.
There are currently 24 properties listed for sale, and 22 properties listed for rent in Moonee ponds on OnTheHouse. According to Cotality's data, 570 properties were sold in the past 12 months in Moonee ponds.

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