1/350 Settlement Road, Thomastown, VIC 3074 sold on 10 July 2025 | OnTheHouse
SOLD
Sold on 10 Jul 2025 for $835,025

1/350 Settlement Road
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 249m2
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Property Details for 1/350 Settlement Rd, Thomastown

Building Type
Commercial
Floor Size
250m2
Land Size
249m2
Local Government
Whittlesea
Lot/Plan
1/SP28300

Last Listing description (November 2025)

Versatile Factory/Warehouse with Office & Approved Restaurant Permits - Occupy or Invest

Positioned in a high-demand industrial precinct with excellent access to High Street and major Ring Road routes, this adaptable facility presents a rare dual-purpose opportunity - ideal for owner-occupiers, investors, or hospitality operators.


With Council-approved plans and permits in place for a restaurant, you can commence business operations immediately without the delays of planning approvals. Whether you're establishing a destination venue, running a central kitchen, or investing in a versatile asset, this property offers unmatched flexibility and value.

Key Highlights:

Total building area: 350sqm, comprising:
• 200sqm warehouse/factory floor
• 50sqm ground floor office and amenities
• 50sqm mezzanine above office
• 50sqm additional mezzanine storage
• Approved restaurant plans and permits- ready for fit-out and immediate operation
• Zoned Industrial 1, enabling a broad range of industrial, hospitality, or logistics uses
• Modern reception area, fitted office, kitchen, and toilet facilities
• Secure access via gated entry and electric roller shutter - container-height clearance
• 3-phase power for commercial-grade kitchen or industrial machinery
• Ample onsite parking for staff, customers, or delivery vehicles

Whether you're launching a new hospitality concept, expanding your industrial footprint, or securing a flexible investment, this property is ready to perform from day one.

**Contact us today for more information or to arrange an inspection.**

Rajan Kaplish - 0430465450 (rajan@landnation.au)
Harjot Sidhu - 0400117983 (harjot@landnation.au)


Land Nation
1800 00 LAND
www.landnation.com.au
Level 5, 143-145 Clarendon Street, SOUTHBANK VIC 3006

DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Interested parties should conduct their own due diligence prior to any offer
Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 1/350 Settlement Rd, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$835,025
10 Jul 2025
  • 10 Jul 2025
    Sold for $835,025
  • 02 Jun 2025
    Listed for Sale $850,000 - $900,000
  • 29 Nov 2024
    Listed for Sale Price on Application
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About Thomastown 3074

The size of Thomastown is approximately 14.7 square kilometres. It has 23 parks covering nearly 4.0% of 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 12,123 properties. Over the last 5 years, Houses in Thomastown have seen a 23.66% increase in median value, while Units have seen a 25.54% increase. As at 31 December 2025:

  • The median value for Houses in Thomastown is $795,494 while the median value for Units is $539,190.
  • Houses have a median rent of $520 while Units have a median rent of $470.
There are currently 70 properties listed for sale, and 42 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 490 properties were sold in the past 12 months in Thomastown.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.