338-340 Mansfield StreetThornbury VIC 3071
Property Details for 338-340 Mansfield St, Thornbury
Last Listing description (September 2024)
Owner-occupiers and investors will appreciate the rare opportunity to purchase this quality warehouse facility in Thornbury's industrial pocket. Tucked away at the end of a no-through-road among commercial properties and currently occupied by Northcote Indoor Sports, this impressive 1452 m2 warehouse (approx.) on a 1501 m2 allotment (approx.) represents excellent value, investment potential and capital growth moving forward. Owner occupied; it will be sold with vacant possession. Alternatively, a lease-back arrangement is possible until buyers decide on its best usage.
~ Zoned industrial 3
~ Clear span
~ Pedestrian and roller door entry
~ Customer and staff bathroom facilities
~ Offices and storage on the ground and first floor
~ First-floor mezzanine/viewing area
~ Going concern applicable if desired
Property History for 338-340 Mansfield St, Thornbury, VIC 3071
- 28 Oct 2024Sold for $3,108,000
- 01 Jul 2024Listed for Sale $3,390,000
- 07 Feb 2007Sold for $450,000
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About Thornbury 3071
The size of Thornbury is approximately 5.1 square kilometres. It has 26 parks covering nearly 13.6% of total area. The population of Thornbury in 2011 was 17,433 people. By 2016 the population was 18,543 showing a population growth of 6.4% in the area during that time. The predominant age group in Thornbury is 30-39 years. Households in Thornbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornbury work in a professional occupation. In 2011, 56.3% of the homes in Thornbury were owner-occupied compared with 53.6% in 2016.
Thornbury has 11,435 properties. Over the last 5 years, Houses in Thornbury have seen a 13.08% increase in median value, while Units have seen a -1.11% decrease. As at 28 February 2025:
- The median value for Houses in Thornbury is $1,421,824 while the median value for Units is $595,180.
- Houses have a median rent of $680 while Units have a median rent of $480.
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