57 Northgate Drive Thomastown VIC 3074

Factory, Warehouse & Industrial
13,667 m²
Sold, $16,000,000

SUPERB INVESTMENT OPPORTUNITY - BLUE CHIP TENANT WITH LONG TERM LEASE!

Rutherfords are pleased to offer this outstanding investment located in the heart of Thomastown. This building is a large manufacturing site secured by outstanding tenants with long term leases. The site features dual street access, high power and gas supply along with huge front and rear loading areas.

Total Building Size: 13,667sqm
Total Land Area: 28,570sqm

Property Features:
- Large Power and Gas Supply
- 2 Street Access
- Recessed Docks
- Front and Rear Yard and Loading
- Partitioned and Open Plan Offices
- Superb Freeway Access
- Huge Frontage
- Located in one of Thomastown's best streets

Lease Details:

57A Northgate Dr, Thomastown:
Tenant - Howe & Company (Howe Leather)
Commencement Date - 1/12/18
Lease Term - 7 years
Current Rent - $930,000.00 + Gst and Outgoings
Increases - Fixed 3%
Security - $425,000.00

57B Northgate Dr, Thomastown:
Tenant - Worthington Composites
Commencement Date - 4/5/19
Lease Term - 5 years
Current Rent - $122,520.00 + Gst and Outgoings
Increases - Fixed 4%
Security - $31,242.75

Please Contact Bryce Williams on 0408 166 291 to inspect.

Zoning

Address	57 Northgate Drive Thomastown VIC 3074
Zoning	IN1Z - Industrial 1 Zone (IN1Z)
Council	WHITTLESEA CITY
	We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Rutherfords Real Estate

83 High St

Thomastown, VIC 3074

Property Highlights

Date Sold	24 Dec 2019
Sold Price	$16,000,000
Floor Area	13,667 m²
Land Area	2.88 ha
Parking	Ask Agent
Property ID	2015097407
Category	Factory, Warehouse & Industrial
Last updated	17 Jun 2020

Map for 57 Northgate Drive Thomastown VIC 3074

Nearest transport* to 57 Northgate Drive Thomastown VIC 3074

Bus

Train

Tram

Ferry

Green St/Settlement Rd (Thomastown)	397 m
Apex Ct/Settlement Rd (Thomastown)	430 m
Brand Dr/Settlement Rd (Thomastown)	465 m
Norris Bank Primary School /Settlement Rd (Bundoora)	521 m

*Within a 4km radius

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Rutherfords Real Estate

83 High St

Thomastown, VIC 3074

Property Highlights

Date Sold	24 Dec 2019
Sold Price	$16,000,000
Floor Area	13,667 m²
Land Area	2.88 ha
Parking	Ask Agent
Property ID	2015097407
Category	Factory, Warehouse & Industrial
Last updated	17 Jun 2020

Listed by

Bryce Williams

Rutherfords Real Estate

Call

0408166291

More about 57 Northgate Drive Thomastown VIC 3074

57 Northgate Drive Thomastown VIC 3074 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 13,667 m² and a land area of 2.88 ha. The listing ID for this property is 2015097407.