60 Commercial Drive, Thomastown, VIC 3074

Industrial

Leased

  • Property ID: 436404
  • Floor Area: 400m²
  • Land Area: 673m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 15/12/2023 400m2 673m2 Contact Agent
DRIVE YOUR COMMERCIALS TO THE APEX.

POINT OF INTEREST:
This freehold industrial facility sold swiftly in July, and it wasn’t 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, you’re 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.

- 400 sqm* in total building area.
- 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 you’re entirely free of body corporate fees here. Take what you’ll save and use it to negotiate a longer lease term.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: October 2023
  • Car Spaces: 6 on site
  • Condition: Good
  • Air Conditioning: Office only
  • Floors: Concrete
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1,061.88 per annum*
  • Land Tax: $1,692.93 per annum*
  • Council Rates: $2,718.93 per annum*
Thomastown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2891 $138 4.78%
Industrial $2950 $149 5.04%
Offices $2819 $149 5.28%
This is the average advertised price, rent and yield for Thomastown, VIC 3074*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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