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Park Highlights

  • High-exposure corner property with direct visibility along Settlement Road and immediate arterial access.
  • Estate includes clear-span warehouses, container-height roller doors, on-site car parking, and high-clearance configurations for storage or display.
  • Industrial 1 Zone (IN1Z) enabling a broad range of uses including bulky goods retail, logistics, and associated commercial services.

Park Facts

Total Space Available 112,171 SF
Max. Contiguous 28,255 SF
Park Type Industrial Park

All Available Spaces(11)

Display Rental Rate as

391 Settlement Road
391 Settlement Rd - Cafe
861 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Retail
Building Subtype
Restaurant
Gross Leaseable Area
861 SF
Parking
18 Spaces
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground
  • 861 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

A compact hospitality-focused tenancy ideal for café or grab-and-go operators looking to leverage steady trade from retail traffic and professionals within the new-look lifestyle environment. Central to the precinct, this unit occupies a high-amenity position supported by strong visibility and connectivity.

  • Fully Built-Out as a Restaurant or Café Space
  • Affordable entry point with fit-out flexibility
  • 80 m² tenancy suited for café
Space Size Term Rental Rate Space Use Build-Out Available
Ground 861 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now
391 Settlement Road
391 Settlement Rd - Cafe
861 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Retail
Building Subtype
Restaurant
Gross Leaseable Area
861 SF
Parking
18 Spaces

391 Settlement Rd - Ground

Size
861 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
Now
391 Settlement Road
391 Settlement Rd - Unit 1
7,169 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
18,170 SF
Construction
Masonry
Drive In Bays
2
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground - 1B
  • 7,169 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

Unit 1B offers a functional large-format tenancy ideal for bulky goods retail, specialty trade, or showrooms. Positioned within the redeveloped retail and lifestyle hub, the space benefits from excellent Settlement Road visibility and direct access for customers. Immediate fit-out flexibility allows businesses to customize for optimal use.

  • 1 Drive Bay
  • High-exposure frontage
  • Approx. 666 m² tenancy
  • Easy access for customers
Space Size Term Rental Rate Space Use Build-Out Available
Ground - 1B 7,169 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
391 Settlement Road
391 Settlement Rd - Unit 1
7,169 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
18,170 SF
Construction
Masonry
Drive In Bays
2

391 Settlement Rd - Ground - 1B

Size
7,169 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now
391 Settlement Road
391 Settlement Rd - Units 6-10
5,630 - 28,255 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Size
28,255 SF
Construction
Reinforced Concrete
Drive In Bays
5
Power Supply
Phase: 3
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground - Unit 10
  • 5,630 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

Unit 10 is a mid-sized warehouse ideal for occupiers requiring uncomplicated, functional space within Thomastown’s most connected industrial estate. Features include multiple zone flexibility, full-height roller door access, and proximity to estate entry points for smooth transportation flow.

  • 1 Drive Bay
  • Container-height roller door
  • Convenient ingress/egress
  • Can be combined with additional space(s) for up to 28,255 SF of adjacent space
  • Equipped with 3-phase power
  • Ground - Unit 6
  • 5,748 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

Unit 6 offers a well-sized, clear-span warehouse designed for efficient operational flow. Featuring container-height roller door access, 3-phase power, and varied internal clearance, it supports a range of industrial applications from storage to light manufacturing. The layout promotes easy vehicle movement and access within the complex.

  • 1 Drive Bay
  • Container-height roller door
  • Convenient ingress/egress
  • Can be combined with additional space(s) for up to 28,255 SF of adjacent space
  • Equipped with 3-phase power
  • Ground - Unit 7
  • 5,630 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

Unit 7 provides a practical solution for medium-sized occupiers seeking a straightforward and adaptable warehouse space. The unit incorporates excellent access via high roller door entry and sufficient power supply for various operational needs. Ideal for businesses looking for efficiency and immediate availability.

  • 1 Drive Bay
  • Container-height roller door
  • Convenient ingress/egress
  • Can be combined with additional space(s) for up to 28,255 SF of adjacent space
  • Equipped with 3-phase power
  • Ground - Unit 8-9
  • 11,248 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

A larger-scale offering combining two interconnected units, providing 1,045 m² of versatile floor space. Features dual container-height roller doors and generous interior clearance, supporting bulk storage, distribution, or multi-purpose industrial use. This configuration allows for efficient workflows and heavy-duty activity.

  • 1 Drive Bay
  • Container-height roller door
  • Convenient ingress/egress
  • Can be combined with additional space(s) for up to 28,255 SF of adjacent space
  • Equipped with 3-phase power
Space Size Term Rental Rate Space Use Build-Out Available
Ground - Unit 10 5,630 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
Ground - Unit 6 5,748 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
Ground - Unit 7 5,630 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
Ground - Unit 8-9 11,248 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
391 Settlement Road
391 Settlement Rd - Units 6-10
5,630 - 28,255 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Size
28,255 SF
Construction
Reinforced Concrete
Drive In Bays
5
Power Supply
Phase: 3

391 Settlement Rd - Ground - Unit 10

Size
5,630 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now

391 Settlement Rd - Ground - Unit 6

Size
5,748 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now

391 Settlement Rd - Ground - Unit 7

Size
5,630 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now

391 Settlement Rd - Ground - Unit 8-9

Size
11,248 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now
391 Settlement Road
391 Settlement Rd - Unit 11-17
5,360 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
31,482 SF
Construction
Reinforced Concrete
Drive In Bays
4
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground - Unit 17
  • 5,360 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

Unit 17 provides a practical solution for medium-sized occupiers seeking a straightforward and adaptable warehouse space. The unit incorporates excellent access via high roller door entry and sufficient power supply for various operational needs. Ideal for businesses looking for efficiency and immediate availability.

  • 1 Drive Bay
  • 3-phase power provided
  • 3-phase power provided
  • Positioned for easy maneuvering
Space Size Term Rental Rate Space Use Build-Out Available
Ground - Unit 17 5,360 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
391 Settlement Road
391 Settlement Rd - Unit 11-17
5,360 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
31,482 SF
Construction
Reinforced Concrete
Drive In Bays
4

391 Settlement Rd - Ground - Unit 17

Size
5,360 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now
391 Settlement Road
391 Settlement Rd - Units 18-26
10,796 - 59,169 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
65,961 SF
Lot Size
8.81 AC
Construction
Reinforced Concrete
Drive In Bays
9
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground - Unit 18-20
  • 16,210 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

This expansive triple-unit space provides the largest single footprint currently available for retailers needing a commanding presence. The tenancy’s scale and layout support showroom concepts, lifestyle retailers, or entertainment-based uses where high visibility and traffic volume are key advantages.

  • 3 Drive Ins
  • Unmatched signage exposure
  • Substantial combined floor area of 1,506 m²
  • Immediate fit-out flexibility
  • Ground - Units 22-23
  • 10,796 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

Units 22–23 offer a mid-sized combined tenancy designed for multi-purpose retail applications. The clear-span configuration makes this an attractive choice for businesses seeking both display and operational functionality within a revitalized and active commercial hub.

  • 2 Drive Ins
  • Adjustable fit-out options
  • Total area of approximately 1,003 m²
  • Prominent position for signage
  • Ground - Units 24-26
  • 32,163 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

This super-lot comprises three consolidated units, offering premium scale for anchor tenants requiring maximum exposure and operational impact. The site supports large-format retail, homemaker offerings, or multi-concept tenancy models, underpinned by strong consumer traffic drawn by lifestyle operators and surrounding residential growth.

  • 3 Drive Ins
  • Prime anchor-tenancy opportunity
  • Tenancy footprint of nearly 3,000 m²
  • Competitive leasing terms available
Space Size Term Rental Rate Space Use Build-Out Available
Ground - Unit 18-20 16,210 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
Ground - Units 22-23 10,796 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
Ground - Units 24-26 32,163 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
391 Settlement Road
391 Settlement Rd - Units 18-26
10,796 - 59,169 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
65,961 SF
Lot Size
8.81 AC
Construction
Reinforced Concrete
Drive In Bays
9

391 Settlement Rd - Ground - Unit 18-20

Size
16,210 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now

391 Settlement Rd - Ground - Units 22-23

Size
10,796 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now

391 Settlement Rd - Ground - Units 24-26

Size
32,163 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now
391 Settlement Road
391 Settlement Rd - Units 4-5
11,356 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
11,356 SF
Construction
Reinforced Concrete
Drive In Bays
2
Power Supply
Phase: 3
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground - Units 4-5
  • 11,356 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • Now

Units 4 and 5 combine to deliver over 1,000 m² of adaptable retail space, making it ideal for national retailers, fitness operators, or destination-style businesses. This internal layout supports open-plan merchandising zones with the flexibility to accommodate multiple configurations and service areas.

  • 2 Drive Ins
  • Main signage corridor of Settlement Road
  • 1,055 m² for large-format retail
  • Ready-to-customise interior
Space Size Term Rental Rate Space Use Build-Out Available
Ground - Units 4-5 11,356 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - Now
391 Settlement Road
391 Settlement Rd - Units 4-5
11,356 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
11,356 SF
Construction
Reinforced Concrete
Drive In Bays
2
Power Supply
Phase: 3

391 Settlement Rd - Ground - Units 4-5

Size
11,356 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
-
Available
Now

391 Settlement Rd - Ground

Size 861 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available Now

A compact hospitality-focused tenancy ideal for café or grab-and-go operators looking to leverage steady trade from retail traffic and professionals within the new-look lifestyle environment. Central to the precinct, this unit occupies a high-amenity position supported by strong visibility and connectivity.

  • Fully Built-Out as a Restaurant or Café Space
  • 80 m² tenancy suited for café
  • Affordable entry point with fit-out flexibility

391 Settlement Rd - Ground - 1B

Size 7,169 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

Unit 1B offers a functional large-format tenancy ideal for bulky goods retail, specialty trade, or showrooms. Positioned within the redeveloped retail and lifestyle hub, the space benefits from excellent Settlement Road visibility and direct access for customers. Immediate fit-out flexibility allows businesses to customize for optimal use.

  • 1 Drive Bay
  • Approx. 666 m² tenancy
  • High-exposure frontage
  • Easy access for customers

391 Settlement Rd - Ground - Unit 10

Size 5,630 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

Unit 10 is a mid-sized warehouse ideal for occupiers requiring uncomplicated, functional space within Thomastown’s most connected industrial estate. Features include multiple zone flexibility, full-height roller door access, and proximity to estate entry points for smooth transportation flow.

  • 1 Drive Bay
  • Can be combined with additional space(s) for up to 28,255 SF of adjacent space
  • Container-height roller door
  • Equipped with 3-phase power
  • Convenient ingress/egress

391 Settlement Rd - Ground - Unit 6

Size 5,748 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

Unit 6 offers a well-sized, clear-span warehouse designed for efficient operational flow. Featuring container-height roller door access, 3-phase power, and varied internal clearance, it supports a range of industrial applications from storage to light manufacturing. The layout promotes easy vehicle movement and access within the complex.

  • 1 Drive Bay
  • Can be combined with additional space(s) for up to 28,255 SF of adjacent space
  • Container-height roller door
  • Equipped with 3-phase power
  • Convenient ingress/egress

391 Settlement Rd - Ground - Unit 7

Size 5,630 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

Unit 7 provides a practical solution for medium-sized occupiers seeking a straightforward and adaptable warehouse space. The unit incorporates excellent access via high roller door entry and sufficient power supply for various operational needs. Ideal for businesses looking for efficiency and immediate availability.

  • 1 Drive Bay
  • Can be combined with additional space(s) for up to 28,255 SF of adjacent space
  • Container-height roller door
  • Equipped with 3-phase power
  • Convenient ingress/egress

391 Settlement Rd - Ground - Unit 8-9

Size 11,248 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

A larger-scale offering combining two interconnected units, providing 1,045 m² of versatile floor space. Features dual container-height roller doors and generous interior clearance, supporting bulk storage, distribution, or multi-purpose industrial use. This configuration allows for efficient workflows and heavy-duty activity.

  • 1 Drive Bay
  • Can be combined with additional space(s) for up to 28,255 SF of adjacent space
  • Container-height roller door
  • Equipped with 3-phase power
  • Convenient ingress/egress

391 Settlement Rd - Ground - Unit 17

Size 5,360 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

Unit 17 provides a practical solution for medium-sized occupiers seeking a straightforward and adaptable warehouse space. The unit incorporates excellent access via high roller door entry and sufficient power supply for various operational needs. Ideal for businesses looking for efficiency and immediate availability.

  • 1 Drive Bay
  • 3-phase power provided
  • 3-phase power provided
  • Positioned for easy maneuvering

391 Settlement Rd - Ground - Unit 18-20

Size 16,210 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

This expansive triple-unit space provides the largest single footprint currently available for retailers needing a commanding presence. The tenancy’s scale and layout support showroom concepts, lifestyle retailers, or entertainment-based uses where high visibility and traffic volume are key advantages.

  • 3 Drive Ins
  • Substantial combined floor area of 1,506 m²
  • Unmatched signage exposure
  • Immediate fit-out flexibility

391 Settlement Rd - Ground - Units 22-23

Size 10,796 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

Units 22–23 offer a mid-sized combined tenancy designed for multi-purpose retail applications. The clear-span configuration makes this an attractive choice for businesses seeking both display and operational functionality within a revitalized and active commercial hub.

  • 2 Drive Ins
  • Total area of approximately 1,003 m²
  • Adjustable fit-out options
  • Prominent position for signage

391 Settlement Rd - Ground - Units 24-26

Size 32,163 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

This super-lot comprises three consolidated units, offering premium scale for anchor tenants requiring maximum exposure and operational impact. The site supports large-format retail, homemaker offerings, or multi-concept tenancy models, underpinned by strong consumer traffic drawn by lifestyle operators and surrounding residential growth.

  • 3 Drive Ins
  • Tenancy footprint of nearly 3,000 m²
  • Prime anchor-tenancy opportunity
  • Competitive leasing terms available

391 Settlement Rd - Ground - Units 4-5

Size 11,356 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out -
Available Now

Units 4 and 5 combine to deliver over 1,000 m² of adaptable retail space, making it ideal for national retailers, fitness operators, or destination-style businesses. This internal layout supports open-plan merchandising zones with the flexibility to accommodate multiple configurations and service areas.

  • 2 Drive Ins
  • 1,055 m² for large-format retail
  • Main signage corridor of Settlement Road
  • Ready-to-customise interior

Park Overview

391 Settlement Road comprises a multi-unit commercial and industrial estate located in Melbourne’s northern industrial corridor. The property is positioned on a prominent arterial route within Thomastown, benefiting from extensive frontage and high-volume passing traffic.

  • Listing ID: 40965375

  • Date on Market: 6/18/2026

  • Last Updated:

  • Address: 391 Settlement Rd, Thomastown, VIC 3074

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