ULTIMATE INVESTMENT ON A PRIME CORNER ALLOTMENT - Contact Agent

Unlock a high-yield opportunity in the heart of one of Thomastown's most coveted industrial pockets. This versatile corner-block facility offers the perfect blend of immediate rental income and long-term strategic value.

- Situated in a highly sought-after central Thomastown Industrial section.
- Corner block access - Rare dual-street access from both Spencer St and Brock St.
- Immediate access to the Metropolitan Ring Road.
- Functional dock facilities
- Heavy-duty 3-phase power
- Dedicated front office area, internal storage rooms, and an additional outdoor shed.
- On-site toilet facilities.
- Zoning: Industrial One (IN1Z).
- Total Land Area: 1,275m² Approx*.
- Total Building Area: 700m² Approx*
- Income: $66,189 per annum (plus all outgoings and GST).
- Fixed 2.5% annual rent increases.
- Tenure: First term expires November 2026, with two (2) further 3-year options.
- Currently leased to an established Cabinet Maker
- Market rental reviews scheduled at the start of each option

Important Information:

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Material Facts: Refer to the Contract of Sale and Vendor Statement for all disclosures.

While every effort has been made to ensure the accuracy of the information provided, Ray White Thomastown does not accept any liability for errors or omissions. Interested parties are advised to conduct their own investigations to confirm all details, including land size.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

Thomastown East Primary School Primary Prep-6 Government 0.45km
Lalor East Primary School Primary Prep-6 Government 1.2km
Thomastown Primary School Primary Prep-6 Government 1.3km
St John XXIII Primary School Primary Prep-6 Catholic 1.3km
Lalor Secondary College Secondary 7-12 Government 1.5km
St Luke's School Primary Prep-6 Catholic 1.5km
Lalor Primary School Primary Prep-6 Government 1.5km
Norris Bank Primary School Primary Prep-6 Government 1.8km
Peter Lalor Secondary College Secondary 10-12 Government 2.1km
Thomastown Secondary College Secondary 7-12 Government 2.2km
Lalor North Primary School Primary Prep-6 Government 2.3km
Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 2.3km
Thomastown West Primary School Primary Prep-6 Government 2.3km
Reservoir Views Primary School Primary Prep-6 Government 2.4km
William Ruthven Secondary College Secondary 7-12 Government 2.4km
William Ruthven Primary School Primary Prep-6 Government 2.5km
St Clare's School Primary Prep-6 Catholic 2.6km
Lalor North Secondary College Secondary 7-12 Government 2.7km
Northside Christian College Combined Prep-12 Independent 2.8km
St Catherine's School Primary Prep-6 Catholic 2.9km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 3.1km
St Monica's College - Dalton Road Campus Secondary Catholic 3.3km
Parade College Secondary 7-12 Catholic 3.6km
St Monica's College - Davisson Street Secondary 7-12 Catholic 3.8km
Mill Park Secondary College Secondary 7-12 Government 4.0km
Bundoora Secondary College Secondary 7-12 Government 4.0km
Y Community School Secondary 10-12 Independent 4.1km
Reservoir High School Secondary 7-12 Government 4.2km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 4.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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