5 Merchant AvenueThomastown VIC 3074
Property Details for 5 Merchant Ave, Thomastown
Last Listing description (March 2026)
- Stand alone factory/warehouse located in a sought after established industrial precinct in Thomastown just off Northgate and Commercial Drive with excellent Ring Rd access
- Solid brick structure includes a front office area, lunchroom, 2 toilets, roller shutter door access and 3 phase power
- Building area: 250 sqm *
- Zoned industrial One
- Rear yard area
- Leased to 14.3.2028 with no further options
AUCTION ON SITE FRIDAY 27TH MARCH AT 12 PM
From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread the payments over 10 years.
For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com
DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.
Property History for 5 Merchant Ave, Thomastown, VIC 3074
- 27 Mar 2026Sold
- 04 Mar 2026Listed for Sale CONTACT AGENT
- 15 Dec 1982Sold for $121,000
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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 12,137 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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