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11 Macquarie Dr 4,359 SF Industrial Condo Unit Offered at $868,440 in Thomastown, VIC 3074
Investment Highlights
- Industrial facility with warehouse, offices, mezzanine, and outdoor storage.
- Features include 3-phase power, security-gated entry, and car spaces.
- Located in Northgate Industrial Estate with excellent Ring Road access.
- Sustainability advantage with solar panels installed.
Executive Summary
11 Macquarie Drive, Thomastown, Victoria, is consists 1,886 m² of industrial units. It includes 3-phase power, security-gated access, and four on-title car spaces. The property is zoned Industrial 1 and is located within the Northgate Industrial Estate, offering strong connectivity to the Metropolitan Ring Road.
1 Unit Available
Unit 7
| Unit Size | 4,359 SF | Condo Use | Industrial |
| Price | $868,440 | Sale Type | Investment |
| Price Per SF | $199.23 | No. Parking Spaces | 4 |
| Unit Size | 4,359 SF |
| Price | $868,440 |
| Price Per SF | $199.23 |
| Condo Use | Industrial |
| Sale Type | Investment |
| No. Parking Spaces | 4 |
Description
The property at 7/11 Macquarie Drive, Thomastown, Victoria, is a 405 m² industrial unit comprising a 330 m² warehouse, 25 m² reception office, 20 m² first-level office, 30 m² mezzanine storage, and a 75 m² outdoor shed/storage area. It includes 3-phase power, security-gated access, and four on-title car spaces. The property is zoned Industrial 1 and is located within the Northgate Industrial Estate, offering strong connectivity to the Metropolitan Ring Road. It is leased to Kootah Ink Australia Pty Ltd under a new three-year lease commencing July 2025, with three further three-year options, generating $60,000 per annum plus outgoings and GST, with fixed 4% annual increases.
Sale Notes
7/11 Macquarie Drive presents a securely leased investment opportunity in the highly sought-after Northgate Industrial Estate, offering excellent connectivity to the Metropolitan Ring Road and Melbourne’s northern transport network. This well-appointed industrial property spans approximately 405 m² and includes a combination of warehouse, office, and storage areas, making it a versatile and functional asset.
The property features a 330 m² warehouse, front reception office, first-level office, mezzanine storage, and an additional 75 m² outdoor shed/storage area. Operational benefits include 3-phase power, security-gated after-hours access, and four on-title car spaces. Sustainability is enhanced with the installation of 65 solar panels, reducing energy costs and environmental impact.
The property is leased to Kootah Ink Australia Pty Ltd, a well-established business operating since 1997. A new three-year lease commences 1 July 2025, with three further three-year options, generating $60,000 per annum plus outgoings and GST, with fixed 4% annual increases and market reviews at each option. This provides a secure and growing income stream for investors.
Property Facts
| Total Building Size | 20,301 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 4,359 SF |
| Property Subtype | Warehouse | Lot Size | 0.47 AC |
| Building Class | C |
| Total Building Size | 20,301 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 4,359 SF |
| Lot Size | 0.47 AC |
Amenities
- Air Conditioning
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11 Macquarie Dr
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