SOLD
Sold on 12 Mar 2024 for $550,000

16/326 Settlement Road
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 123m2
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Property Details for 16/326 Settlement Rd, Thomastown

Building Type
Commercial
Land Size
123m2
Local Government
Whittlesea
Lot/Plan
16/PS739112

Last Listing description (November 2023)

Commercial Real Estate Group proudly present this gem in the outstanding Novo Business Centre.

This warehouse consists of a modern design and was built with quality materials both inside & outside of the warehouses. This property offers wonderful natural light, attractive faade, brilliant location in a popular business center and with a modern office space.


This beautifully designed warehouse/ office has a small showroom and a compact warehouse space. It also has an expansive office space with big open workspace with split system air-conditioning.

Warehouse: 107 sqm*
Office: 38 sqm*
Total floor area: 145 sqm*

Property features include:
3 phase capacity
Disabled bathroom with shower facilities and kitchenette
NBN Accessible
Powered container height roller door
3 Split system air conditioners in the mezzanine office
Hot water dispenser for tea/coffee
Minutes to Metropolitan Fwy
Popular Business Centre
Security cameras & Alarms

Call Robert 0400 244 044 or Daniel at 0498 181 818 now to inspect!



Commercial Real Estate Group - Setting the standards others follow!
www.creg.property

Disclaimer: Vendor / Agency or Agent representative will not be held responsible for any errors or mis descriptions whatever that appears. All prospective purchasers / lessees are advised to take their own necessary measurements, permit & council checks, research & their own diligence before entering into any agreements. No part of this work maybe copied, reproduced or use of photos copyrights.

Property History for 16/326 Settlement Rd, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$550,000
12 Mar 2024
Listed for Rent
02 Aug 2017
  • 12 Mar 2024
    Sold for $550,000
  • 13 Nov 2023
    Listed for Sale Robert 0400 244 044 | Daniel 0498 181 818
  • 13 Jul 2017
    Listed for Rent - Price not available
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About Thomastown 3074

The size of Thomastown is approximately 14.7 square kilometres. It has 23 parks covering nearly 4% of total area. The population of Thomastown in 2011 was 20,330 people. By 2016 the population was 20,482 showing a population growth of 0.7% in the area during that time. The predominant age group in Thomastown is 20-29 years. Households in Thomastown are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Thomastown work in a labourer occupation. In 2011, 72.6% of the homes in Thomastown were owner-occupied compared with 68.5% in 2016.

Thomastown has 11,750 properties. Over the last 5 years, Houses in Thomastown have seen a 19.94% increase in median value, while Units have seen a 24.74% increase. As at 31 October 2024:

  • The median value for Houses in Thomastown is $706,966 while the median value for Units is $500,661.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 67 properties listed for sale, and 34 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 383 properties were sold in the past 12 months in Thomastown.

Suburb Insights for Thomastown 3074

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.