133&135 Spring Street, Thomastown, VIC 3074
- 6
- 2
For Sale
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Extraordinary Investment & Development Opportunity on Thomastown's Main Street
This is it - the rare, high-return investment opportunity you've been waiting for! 133 and 135 Spring Street offer a commanding position on Thomastown's sought-after Main Street, boasting two fully renovated properties on a massive 1,083 sqm block with dual street access. This exceptional property package provides an unmissable chance for substantial rental income and a unique scope for development, ideal for the investor or developer ready to secure a high-growth asset.
Why This Opportunity Stands Out
• Prime Main Street Exposure: Positioned on Thomastown's high-demand Main Street, these properties are surrounded by bustling amenities,
transport, and shopping, giving you immediate access to a robust, tenant-rich market.
• Dual Income Potential, Fully Renovated: Both properties are beautifully updated to maximize rental yield with low maintenance. The dual income
potential provides a powerful revenue stream from day one.
• Endless Development Possibilities: With a generous 1,083 sqm of land and highly desirable dual access, this property is primed for future development-from a multi-unit complex to a subdivided residential masterpiece, the options are endless.
• High Tenant Demand & Rapid Growth: Thomastown's market is booming, with tenants actively seeking homes in this thriving locale, ensuring these properties offer immediate and sustained rental returns.
The Smart Investor's Choice
This is more than a property-it's a lucrative investment positioned for high growth and offering multiple income streams. With recent renovations enhancing tenant appeal, and enormous development potential in one of Thomastown's hottest areas, these properties are ready to generate income and build value from day one.
Opportunities of this magnitude are few and far between. Don't miss your chance to acquire a premium asset with immediate rental income, high demand, and limitless potential.
Act Now to Secure Your Future
Cheryl Freshwater
Sales Manager
Dev Sareen
Sales Executive - Glenroy
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L31483302
- Property Type:House
- Building / Floor Area:122 sqm
- Land Area:539 sqm
We Know Your Area
R&H Suburb Profile: Thomastown
R&H Suburb Summary | Houses |
---|---|
Number of sales | 221 |
Average Price | $727,154 |
Median Price | $709,900 |
Median Rental Price | $500 p.w. |
Change in Rental Rate (5yr) | 32 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 85 |
Average Price | $463,294 |
Median Price | $475,000 |
Median Rental Price | $450 p.w. |
Change in Rental Rate (5yr) | 29 % |
Median Trend - $709,900
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