62 Northgate Drive, Thomastown, VIC 3074 sold on 29 May 2025 | OnTheHouse
 
SOLD
Sold on 29 May 2025 for $13,250,000

62 Northgate Drive
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7600m2
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Property Details for 62 Northgate Dr, Thomastown

Building Type
Commercial
Land Size
7600m2
Local Government
Whittlesea
Lot/Plan
31B/PS425183

Last Listing description (April 2020)

CBRE and Cushman & Wakefield are pleased to offer 62 Northgate Drive, a blue chip warehousing opportunity located in the heart of Thomastown's industrial precinct.

The property is conveniently situated just moments from the Metropolitan Ring Road as well as providing exceptional access to major road arterials including the Hume Highway and Tullamarine Freeway.


Key features include:
+ Total building area: 4,970sqm*
+ 2 level corporate office: 435sqm*
+ 2 on-grade roller shutter doors and 2 loading docks (1 recessed)
+ 60 on-site car spaces
+ Internal springing height of 7.5 - 8.4 metres*
+ B-double access
+ Exceptional loading/unloading
+ Huge direct exposure to the Metropolitan Ring Road with signage benefits
+ Fully racked warehouse accommodating 3,400 pallet locations

For further information or to arrange an inspection of the site, please contact the conjunctionally appointed agents from CBRE or Cushman & Wakefield.

*approx.

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Property History for 62 Northgate Dr, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$13,250,000
29 May 2025
Listed for Rent
$450k/w
07 Apr 2020
  • 29 May 2025
    Sold for $13,250,000
  • 11 Aug 2020
    Sold for $7,800,000
  • 20 Nov 2018
    Listed for Sale Contact Agent
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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 12,116 properties. Over the last 5 years, Houses in Thomastown have seen a 23.93% increase in median value, while Units have seen a 20.15% increase. As at 30 November 2025:

  • The median value for Houses in Thomastown is $788,247 while the median value for Units is $527,393.
  • Houses have a median rent of $520 while Units have a median rent of $470.
There are currently 53 properties listed for sale, and 37 properties listed for rent in Thomastown on OnTheHouse. According to Cotality's data, 493 properties were sold in the past 12 months in Thomastown.

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