SOLD
Sold on 27 Nov 2023 for $2,145,000

34 Mercedes Drive
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 670m2
Land area: 811m2
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Property Details for 34 Mercedes Dr, Thomastown

Building Type
Commercial
Floor Size
670m2
Land Size
811m2
Local Government
Whittlesea
Lot/Plan
48/LP214149

Last Listing description (November 2023)

- Magnificent high clearance office factory/warehouse superbly positioned in the sought-after Northgate Industrial Estate with close proximity to the Metropolitan Ring Road that's in view from your doorstep
- Features a reception area, showroom, and first-floor offices all with heating and cooling, lunchroom, shower, alarm system, 3-phase power, electric roller shutter door, and ample on-site parking
- 20 kW 80 panel solar system

Ground floor building area: 548sqm *
First-floor building area: 122sqm *
Total building area: 670m2 approx *
Land area of 811sqm *
Zoned Industrial One
8 car spaces

LOCATION:
This property boasts a prime location, offering excellent access to the M80 Ring Road via Dalton Road.
Close proximity to key transport arterials in the region, such as the M80, High Street, and the Hume Freeway.
It is conveniently positioned just minutes away from Thomastown's prominent big-box retailers, including Harvey Norman, JB Hi-Fi, The Good Guys, and more.

With the strength of the Industrial market continuing to demonstrate sound economic fundamentals, coupled with the genuine lack of Industrial supply, 34 Mercedes Drive, Thomastown demands your serious attention

AUCTION ON SITE THURSDAY 7TH DECEMBER AT 1PM

* Approximately

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.

Property History for 34 Mercedes Dr, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$2,145,000
27 Nov 2023
  • 27 Nov 2023
    Sold for $2,145,000
  • 10 Nov 2023
    Listed for Sale SOLD
  • 01 Feb 2007
    Sold for $671,000
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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 11,751 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 60 properties listed for sale, and 35 properties listed for rent in Thomastown on OnTheHouse. According to CoreLogic's data, 388 properties were sold in the past 12 months in Thomastown.

Suburb Insights for Thomastown 3074

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Contact agent
John Kalpakis
Show contact details
Mitch Kalpakis
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Ray White Preston
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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.