5A/44 Mahoneys RoadThomastown VIC 3074
Property Details for 5a/44 Mahoneys Rd, Thomastown
Last Listing description (August 2022)
WHY HAVE MONEY SITTING IN THE BANK WHEN YOU COULD GET 7.2% WITH THIS OUTSTANDING RESTAURANT INVESTMENT!!
145sqm of Kitchen and Dinning
Current Rental: $45,000.00 + Outgoings and GST
Leased to Elephant Lane
145sqm
5 year lease starting 15/5/17 with two further options of 5 years
Building features include:
- Main Rd Exposure
- Outstanding Quality
- Superb Access
- Large Car Park - 7 spots on title
- Outdoor Eating Area
Please contact Bryce Williams on 0408 166 291 or Martin Maroge on 0439 211 781 today!
Disclaimer:
All sizes are approx
Property History for 5a/44 Mahoneys Rd, Thomastown, VIC 3074
- 21 Oct 2019Listed for Rent $40,000 / year
- 07 Jun 2018Listed for Rent $48,400 / year
- 04 Sep 2017Sold for $600,000
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 12,123 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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