135 Spring StreetThomastown VIC 3074
Property Details for 135 Spring St, Thomastown
135 Spring St, Thomastown is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 544m2. While the property is not currently for sale or for rent, it was last transferred in June 2017.
Last Listing description (October 2024)
This is it - the rare, high-return investment opportunity you've been waiting for! 133 and 135 Spring Street offer a commanding position on Thomastown's sought-after Main Street, boasting two fully renovated properties on a massive 1,083 sqm block with dual street access. This exceptional property package provides an unmissable chance for substantial rental income and a unique scope for development, ideal for the investor or developer ready to secure a high-growth asset.
Why This Opportunity Stands Out
• Prime Main Street Exposure: Positioned on Thomastown's high-demand Main Street, these properties are surrounded by bustling amenities,
• Dual Income Potential, Fully Renovated: Both properties are beautifully updated to maximize rental yield with low maintenance. The dual income
potential provides a powerful revenue stream from day one.
• Endless Development Possibilities: With a generous 1,083 sqm of land and highly desirable dual access, this property is primed for future development-from a multi-unit complex to a subdivided residential masterpiece, the options are endless.
• High Tenant Demand & Rapid Growth: Thomastown's market is booming, with tenants actively seeking homes in this thriving locale, ensuring these properties offer immediate and sustained rental returns.
The Smart Investor's Choice
This is more than a property-it's a lucrative investment positioned for high growth and offering multiple income streams. With recent renovations enhancing tenant appeal, and enormous development potential in one of Thomastown's hottest areas, these properties are ready to generate income and build value from day one.
Opportunities of this magnitude are few and far between. Don't miss your chance to acquire a premium asset with immediate rental income, high demand, and limitless potential.
Act Now to Secure Your Future
Property History for 135 Spring St, Thomastown, VIC 3074
- 30 Oct 2024Listed for Sale Contact Agent
- 02 Jun 2017Transferred
Recent sales nearby
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0About 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 12,132 properties. Over the last 5 years, Houses in Thomastown have seen a 19.21% increase in median value, while Units have seen a 24.07% increase. As at 31 March 2026:
- The median value for Houses in Thomastown is $801,699 while the median value for Units is $557,139.
- Houses have a median rent of $530 while Units have a median rent of $480.
Suburb Insights for Thomastown 3074
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