12/44 Mahoneys RoadThomastown VIC 3074
Property Details for 12/44 Mahoneys Rd, Thomastown
Last Listing description (April 2013)
SOUND INVESTMENT OPPORTUNITY AROUND 7.5% YIELD
Total building area 298 sqm
Office area 44 sqm
5 allocated car spaces
Current lease commenced April 2011 for two year plus options
Current rental income $32,769per annum plus outgoings & GST
This is a good opportunity to secure a modern factory/warehouse the popular Thomastown Business Park. With a very solid yield and good depreciation benefits to be had, this is certainly an attractive opportunity.
Contact John Star on 0418 951 604
Property History for 12/44 Mahoneys Rd, Thomastown, VIC 3074
- 03 Jan 2013Listed for Sale $440,000
- 03 Jan 2013Sold for $484,000
Recent sales nearby
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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 12,124 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.
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