205 Settlement Road, Thomastown, Vic 3074

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Industrial/Warehouse
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Published on: 28 Oct 2026
Last updated on: 28 Oct 2026
205 Settlement Road, Thomastown, Vic 3074
205 Settlement Road, Thomastown, Vic 3074
205 Settlement Road, Thomastown, Vic 3074
+12
205 Settlement Road, Thomastown, Vic 3074
  • 12
Property ID: 505243296
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Key property information

Floor Area
3,751.00 m2
Tenure Type
tenanted

Substantial LFR Building in Tightly Held Precinct

205 Settlement Road, Thomastown, Vic 3074
CBRE is pleased to exclusively offer 205 Settlement Road, Thomastown forming part of The Strength Portfolio available for sale individually or in-one-line via an Expressions of Interest campaign closing 4:00pm (AEDT) Thursday 29th October 2026.

Key Highlights: 
+ Substantial 3,751 sqm* facility that forms part of an established LFR complex in a tightly held metropolitian Melbourne location
+ No stamp duty payable, traded under the new CIPT system  
+ Landlord-favourable net lease with the tenant responsible for all usual outgoings.
+ Exceptional covenant to Derrimut 24:7 Gym, recently acquired by Wes Maas, Founder and Managing Director of Maas Group Holdings (ASX: MGH)
+ Brand new 10 year net lease with an additional 5 year option 
+ Secured Income with fixed 3% annual increases returning a Net Operating Income of $742,677 pa ($198/sqm)
+ The property benefits from irreplaceable frontage to the highly traversed Settlement Road 
+ Positioned 16 kilometres* north of Melbourne’s CBD with immediate access to major arterial roads
+ Close proximity to large residential catchments and employment hubs

For further information, please contact the below selling agents.

*Approx.

Property Details

Basic Info

Property Type
Industrial/Warehouse
Listing Status
On Market
Address
205 Settlement Road, Thomastown, Vic 3074
Andrew Needham
Andrew Needham
Lee Holdsworth
Lee Holdsworth
Jamie Hess
Jamie Hess
Sam Guest
Sam Guest
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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Contact Agent

Email enquiry to CBRE - Melbourne

Andrew Needham
Andrew Needham
Lee Holdsworth
Lee Holdsworth
Jamie Hess
Jamie Hess
Sam Guest
Sam Guest
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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      Property ID: 505243296

      Original Property ID: 505243296
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