60 Commercial DriveThomastown VIC 3074
Property Details for 60 Commercial Dr, Thomastown
Last Listing description (October 2023)
POINT OF INTEREST:
This freehold industrial facility sold swiftly in July, and it wasnt just because we ran the campaign. Its merits come down to its highly functional floor plan that offers plenty of room to spread out, with 400 sqm* of single-level warehousing and staff amenity space. Moreover, youre also allocated generous attributes like additional mezzanine storage, 6 allocated car parks on-site, and two bathrooms. For businesses bringing in valuable equipment or stock, the standalone premises are fenced with security gates for peace of mind. The wide street plays host to a myriad of industries, like Reece Plumbing, Morabito Wholesale Grocers, Jalna, and Procast Australia, and their longstanding tenancies here make even more sense off paper and in person.
- 673 sqm* in total land area.
- Industrial 1 zoning.
- 6 allocated car parks on-site.
- Mezzanine storage space.
- Security gates and fencing around the premises.
- 300 m* from Metropolitan Ring Road.
- 1.7 km* from Plenty Road.
POINT OF VIEW:
A freehold site is aptly named, because youre entirely free of body corporate fees here. Take what youll save and use it to negotiate a longer lease term.
*Approx.
Pricing excludes GST
Property History for 60 Commercial Dr, Thomastown, VIC 3074
- 12 Sep 2023Listed for Rent - Price not available
- 21 Jun 2023Sold for $996,000
- 19 May 2023Listed for Sale Contact Agent
Recent sales nearby
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0About Thomastown 3074
The size of Thomastown is approximately 14.7 square kilometres. There are 23 parks, covering nearly 4.0% of the 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 12,114 properties. Over the last 5 years, Houses in Thomastown have seen a 14.66% increase in median value, while Units have seen a 18.43% increase. As at 31 May 2026:
- The median value for Houses in Thomastown is $791,273 while the median value for Units is $541,486.
- Houses have a median rent of $530 while Units have a median rent of $483.
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