44 Thompson StreetWilliamstown VIC 3016
Property Details for 44 Thompson St, Williamstown
Last Listing description (March 2021)
Ultimately adaptable spaces, currently performing impressively as commercial properties each returning some $25,000 per annum, define this ideally positioned address. A well known retail bottle shop outlet features generous display space, a central cool room and ample storage while the adjoining property is currently configured as a massage therapy studio.
The ability to fulfil a residential role if so desired complements the massage studio, where up to three bedrooms/consulting rooms are complemented by a dedicated living/dining and kitchen zone and modern bathroom at the rear.
An investment with a track record of reliable returns in a location that provides desirable proximity to Nelson Place, Williamstown station and the water, this is a property of exceptional appeal and promise equally successful from a range of perspectives!
2 ultimately adaptable single-level properties
Each currently returning $25,000 per annum
Well know commercial bottle shop premises
Retail space, cool room and ample storage
Completely flexible adjoining premises
Configured today as massage therapy studio
Easily transitioned to perform a residential role
Dedicated living/meals area. Modern bathroom
Prime position moments from Nelson Place
Property History for 44 Thompson St, Williamstown, VIC 3016
- 17 Feb 2024Sold for $1,210,000
- 27 Mar 2021Sold for $1,403,000
- 26 Feb 2021Listed for Sale 1403000
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About Williamstown 3016
The size of Williamstown is approximately 5.7 square kilometres. It has 25 parks covering nearly 21.1% of total area. The population of Williamstown in 2016 was 13969 people. By 2021 the population was 14407 showing a population growth of 3.1% in the area during that time. The predominant age group in Williamstown is 50-59 years. Households in Williamstown are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Williamstown work in a professional occupation.In 2021, 73.60% of the homes in Williamstown were owner-occupied compared with 71.50% in 2016.
Williamstown has 8,296 properties. Over the last 5 years, Houses in Williamstown have seen a 2.14% increase in median value, while Units have seen a 13.27% increase. As at 31 March 2026:
- The median value for Houses in Williamstown is $1,557,762 while the median value for Units is $759,032.
- Houses have a median rent of $800 while Units have a median rent of $575.
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