SOLD
Sold on 04 Dec 2023 for $2,250,000

4/70-76 Mahoneys Road
Thomastown VIC 3074

Bedrooms: -
Bathrooms: -
Car spaces: 16
Floor area: 690m2
Land area: 679m2
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Property Details for 4/70-76 Mahoneys Rd, Thomastown

Building Type
Commercial
Floor Size
690m2
Land Size
679m2
Local Government
Whittlesea
Lot/Plan
4/PS540469

Last Listing description (October 2015)

This Showroom/Office is located in busy Mahoneys Road in Thomastown, easily accessible to Northern Ring Road and Humes Freeway.
- Current returning: $100,000 plus GST per year approx
- Another 4 years lease to go

- Floor Area: 690 sqm approx
- 16 Car Parks
- Zoning: Industrial 1
- Modern fit out with 10 partition office rooms, 2 boardrooms, 3 large open spaces, kitchenette, shower and toilets.
- Great Investment

Property History for 4/70-76 Mahoneys Rd, Thomastown, VIC 3074

A timeline of how this property has performed in the market
Last Sold
$2,250,000
04 Dec 2023
  • 04 Dec 2023
    Sold for $2,250,000
  • 09 Mar 2021
    Sold for $1,825,000
  • 22 May 2013
    Listed for Sale Not Disclosed
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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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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.