Positioned in the heart of Thomastown's thriving commercial precinct, 111113 High Street, Thomastown presents a compelling opportunity for investors seeking secure rental income with additional leasing potential in a blue-chip main road location. Boasting exceptional exposure along High Street, this well-located commercial property benefits from strong passing traffic and convenient connectivity making it an attractive destination for both tenants and clients alike.Key Property Features Land area 113 High Street: 788m (approx.) Land area 111 High Street: 786m (approx.) Secure tenants Guaranteed rental income Suitable for professional use Two private car parks Split systems in all consulting rooms Alarm system Well-appointed offices Secure location Freeway exposure to M80 Ring RoadCCTVPHOTO ID REQUIREDDue diligence checklist - consumer.vic.gov.au/duediligencechecklistPrivacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policyMaterial Facts - please refer to the contract of sale and vendor statement for any/all material facts.Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
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 12,202 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:
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