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Investment Highlights

  • Warehouse area includes motorised roller door and painted internal walls.
  • Connectivity to Settlement Road, High Street, and Metropolitan Ring Road.
  • Ground floor includes three enclosed storage/work areas.

Executive Summary

337 Settlement Road is aommercial/industrial property located in the heart of Thomastown’s established industrial and trade precinct. Situated along a major arterial, the property offers exposure to high traffic volumes, making it ideal for businesses seeking visibility and accessibility.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 24
  • 5,371 SF
  • Industrial
  • $1,299,294 ($241.91/SF)
  • -
Sale Type Owner User
Description
Industrial warehouse unit located in Thomastown within a secured complex. The property includes approximately 499 m² of building area plus mezzanine, a high-clearance interior, container-height roller door, on-site car parking, kitchenette, and amenities. Positioned near High Street with access to the Metropolitan Ring Road.
Sale Notes
Situated in Thomastown’s tightly held industrial network, this premium warehouse unit combines functionality with strong location benefits for both owner-occupiers and investors. The building offers approximately 499 m² of warehouse space plus mezzanine level, high-clearance internal structure, and container-height roller door, enhancing operational efficiency.
The property is part of a secure gated complex and provides allocated on-site parking along with essential amenities including kitchenette and staff facilities. Positioned just off High Street and moments from the Metropolitan Ring Road, the site ensures seamless connectivity to key freight corridors across Melbourne’s north.
With flexible utility and excellent accessibility, this property delivers a strategic opportunity within an established industrial hub well-supported by surrounding businesses.
  • Unit 26
  • 6,264 SF
  • Industrial
  • $1,299,294 ($207.42/SF)
  • -
Sale Type Owner User
Description
26/337 Settlement Road offers a 582 m² industrial facility featuring modern office areas with quality finishes and a clear-span warehouse accessed via a motorized roller door. The property includes ground floor storage, secure amenities, and excellent connectivity to Settlement Road and the Metropolitan Ring Road.
Sale Notes
26/337 Settlement Road presents an opportunity to acquire a high-quality industrial unit located within one of Thomastown’s most tightly held industrial precincts. The property offers a total building area of approximately 582 square meters, encompassing a functional balance between warehouse and office accommodation.
Improvements include light-filled offices with quality partitioning, excellent natural light, and heating and cooling systems for office areas. The warehouse portion features painted walls, clear span layout, and direct access via a motorised roller door. The ground floor incorporates enclosed storage areas or workstations, providing additional flexibility for operational needs.
Security infrastructure includes an integrated alarm system and surveillance cameras, reinforcing asset protection. Strategic positioning with frontage to Settlement Road ensures connectivity to major arterials including High Street and the Metropolitan Ring Road, providing efficient links across Melbourne’s industrial and logistics networks.
Unit Unit Size Condo Use Price NOI
Unit 24 5,371 SF Industrial $1,299,294 ($241.91/SF) -
Unit 26 6,264 SF Industrial $1,299,294 ($207.42/SF) -

Unit 24

Unit Size
5,371 SF
Condo Use
Industrial
Price
$1,299,294 ($241.91/SF)
NOI
-

Unit 26

Unit Size
6,264 SF
Condo Use
Industrial
Price
$1,299,294 ($207.42/SF)
NOI
-

Unit 24

Unit Size 5,371 SF
Condo Use Industrial
Price $1,299,294 ($241.91/SF)
NOI -
Sale Type Owner User
Description
Industrial warehouse unit located in Thomastown within a secured complex. The property includes approximately 499 m&#178; of building area plus mezzanine, a high-clearance interior, container-height roller door, on-site car parking, kitchenette, and amenities. Positioned near High Street with access to the Metropolitan Ring Road.</li></ul>
Sale Notes
Situated in Thomastown’s tightly held industrial network, this premium warehouse unit combines functionality with strong location benefits for both owner-occupiers and investors. The building offers approximately 499 m&#178; of warehouse space plus mezzanine level, high-clearance internal structure, and container-height roller door, enhancing operational efficiency.<br> The property is part of a secure gated complex and provides allocated on-site parking along with essential amenities including kitchenette and staff facilities. Positioned just off High Street and moments from the Metropolitan Ring Road, the site ensures seamless connectivity to key freight corridors across Melbourne’s north.<br> With flexible utility and excellent accessibility, this property delivers a strategic opportunity within an established industrial hub well-supported by surrounding businesses.</li></ul>

Unit 26

Unit Size 6,264 SF
Condo Use Industrial
Price $1,299,294 ($207.42/SF)
NOI -
Sale Type Owner User
Description
26/337 Settlement Road offers a 582 m&#178; industrial facility featuring modern office areas with quality finishes and a clear-span warehouse accessed via a motorized roller door. The property includes ground floor storage, secure amenities, and excellent connectivity to Settlement Road and the Metropolitan Ring Road.</li></ul>
Sale Notes
26/337 Settlement Road presents an opportunity to acquire a high-quality industrial unit located within one of Thomastown’s most tightly held industrial precincts. The property offers a total building area of approximately 582 square meters, encompassing a functional balance between warehouse and office accommodation.<br> Improvements include light-filled offices with quality partitioning, excellent natural light, and heating and cooling systems for office areas. The warehouse portion features painted walls, clear span layout, and direct access via a motorised roller door. The ground floor incorporates enclosed storage areas or workstations, providing additional flexibility for operational needs.<br> Security infrastructure includes an integrated alarm system and surveillance cameras, reinforcing asset protection. Strategic positioning with frontage to Settlement Road ensures connectivity to major arterials including High Street and the Metropolitan Ring Road, providing efficient links across Melbourne’s industrial and logistics networks.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 43,056 SF
Property Type Flex
Property Subtype Flex
Building Class C
Floors 1
Typical Floor Size 21,528 SF
Lot Size 4.52 AC

Amenities

  • Mezzanine
  • Signage
  • Reception
  • Automatic Blinds
  • Storage Space
  • Air Conditioning
  • Listing ID: 40930878

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: 337 Settlement Rd, Thomastown, VIC 3074

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