SOLD
Sold on 08 Dec 2023 for $3,300,000

36 Temple Drive
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1393m2
Land area: 3956m2
Sold By
CVA PROPERTY CONSULTANTS PTY LTD
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Property Details for 36 Temple Dr, Thomastown

Building Type
Commercial
Floor Size
1393m2
Land Size
3956m2
Local Government
Whittlesea
Lot/Plan
1/TP612110

Last Listing description (November 2023)

POINT OF INTEREST:
Amongst an industrial ecosystem where business organically booms, 36 Temple Drive has the blueprint for a high-functioning asset and an even higher return on investment. Bucking the commercial standard, this property stretches out instead of up and makes for a compelling offer by numbers alone. Specifically, 3,956 sqm* of land is situated on a corner site for double the street frontage. The industrial facility measures 1,465 sqm* and one of the biggest selling points is the vast hardstand thanks to the land-rich site, lending itself to ample car parking and secure fencing running around the entire perimeter. Theres currently a short-term tenancy. Keon Park railway station is 640 m* away and services the Mernda line, while Western Ring Road sits 400 m* away, the Hume Freeway is a little further at 2.5 km*, and Sydney Road is a useful 4.9 km*.

- Currently leased to Cladding Systems Pty Ltd on a flexible / short-term agreement.
- 1,465 sqm* total building area.
- 3,956 sqm* total land area.
- Passing rental income $132,335.04 per annum + GST
- Industrial 1 zoning.
- Dual street access and significant hardstand area.
- 640 m* to Keon Park railway station.
- 1.24 km* to Western Ring Road and Metropolitan Ring Road.

POINT OF VIEW:
Invest in width, not height. Because when theres close to 4,000 sqm* of prime northside industrial land up for grabs, the lucrative opportunities for future value add opportunityare only limited by your imagination.

*Approx.
Pricing excludes GST

Property History for 36 Temple Dr, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$3,300,000
08 Dec 2023
Listed for Rent
21 Jun 2016
  • 08 Dec 2023
    Sold for $3,300,000
  • 13 Nov 2023
    Listed for Sale Contact Agent
  • 27 Jun 2013
    Listed for Rent - Price not available
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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.