36 Temple DriveThomastown VIC 3074
Property Details for 36 Temple Dr, Thomastown
Last Listing description (November 2023)
POINT OF INTEREST:
Amongst an industrial ecosystem where business organically booms, 36 Temple Drive has the blueprint for a high-functioning asset and an even higher return on investment. Bucking the commercial standard, this property stretches out instead of up and makes for a compelling offer by numbers alone. Specifically, 3,956 sqm* of land is situated on a corner site for double the street frontage. The industrial facility measures 1,465 sqm* and one of the biggest selling points is the vast hardstand thanks to the land-rich site, lending itself to ample car parking and secure fencing running around the entire perimeter. Theres currently a short-term tenancy. Keon Park railway station is 640 m* away and services the Mernda line, while Western Ring Road sits 400 m* away, the Hume Freeway is a little further at 2.5 km*, and Sydney Road is a useful 4.9 km*.
- 1,465 sqm* total building area.
- 3,956 sqm* total land area.
- Passing rental income $132,335.04 per annum + GST
- Industrial 1 zoning.
- Dual street access and significant hardstand area.
- 640 m* to Keon Park railway station.
- 1.24 km* to Western Ring Road and Metropolitan Ring Road.
POINT OF VIEW:
Invest in width, not height. Because when theres close to 4,000 sqm* of prime northside industrial land up for grabs, the lucrative opportunities for future value add opportunityare only limited by your imagination.
*Approx.
Pricing excludes GST
Property History for 36 Temple Dr, Thomastown, VIC 3074
- 08 Dec 2023Sold for $3,300,000
- 13 Nov 2023Listed for Sale Contact Agent
- 27 Jun 2013Listed for Rent - Price not available
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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 12,135 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.
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