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2 Highlands Road, Thomastown$1.65m
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2 Highlands Road

Thomastown, VIC 3074, Australia
$1.60m – $1.70m
11 bed 3 bath 12 car884 m²

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About this property

Located in a Residential Growth Zone, providing ample opportunity for high density development opportunities (STCA). Positioned just off High Street in one of Melbourne's most active northern growth corridors, 2 Highlands Road, Thomastown presents a rare dual-purpose opportunity and solid commercial investment. Formerly operating as a medical clinic, the building is move-in ready and thoughtfully fitted out for a wide range of professional and commercial uses. Whether you're an investor seeking a high-performing asset, a business owner looking for a ready-to-occupy premises, or a developer with an eye on the land's full potential - this property delivers on every front. The existing fit out lends itself to an extraordinary variety of uses. A full reception area, multiple consulting and practice rooms, and a staff lunchroom mean the hard work has already been done. The possibilities truly are endless - medical, allied health, legal, financial services, education, co-working, or split across multiple tenancies to maximise your rental return. Key Property Features Land area 884m² (approx.) Formerly a medical clinic - ready to occupy Full reception area Multiple consulting and practice rooms Staff lunchroom and amenities Subdivision potential (STCA) Generous on-site parking Moments from High Street precinct Close to Thomastown Train Station Commercial zoning - versatile use Strong capital growth suburb An outstanding opportunity for investors, developers, and owner-occupiers alike. Properties of this calibre, with this level of existing fit out and land size, are tightly held in Thomastown's commercial core - enquire today to secure your position. PHOTO ID REQUIRED Due diligence checklist - consumer.vic.gov.au/duediligencechecklist Privacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policy Material Facts - please refer to the contract of sale and vendor statement for material facts. Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Property Details

Property Type
land
Listing Type
For Sale
Bedrooms
11
Bathrooms
3
Parking
12
Land Area
884 m²
Listed
2 weeks ago

Repayment calculator

$7,999/month
$4,000 /fortnight
Loan $1,320,000 at 6.10% over 30 years

Upfront costs

Deposit$330,000
Stamp duty$90,750
Conveyancing (est.)$2,000
Total upfront$422,750
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Thomastown

This 11-bedroom land in Thomastown, VIC 3074 sits within reach of public transport, local shops and nearby schools. It is listed 172% above the $607,500 median of 62 comparable landswithin 5 km.

Schools near Thomastown

  • Lalor East Primary Schoolprimary · Prep-6 · CoEd
  • St Clare's Schoolprimary · Prep-6 · CoEd
  • St John XXIII Primary Schoolprimary · Prep-6 · CoEd
  • Thomastown East Primary Schoolprimary · Prep-6 · CoEd
  • Thomastown Meadows Primary Schoolprimary · Prep-6 · CoEd
  • Thomastown Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Thomastown 2 (train)136 m away
  • Chemmart Chemist53 m away
  • Thomas Street Recreation Reserve567 m away
  • Hampstead Court Park1.1 km away
  • Lincoln Park1.2 km away

Thomastown at a glance

Full suburb profile
Population
20,234
Median age
39
Household income
$1,225/wk
Median rent
$350/wk
Median mortgage
$1,690/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Thomastown price trend

Median sold · House 3 bed

Compound growth +1.4% / yr over 4 yrs

$760kcurrent median

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Price history

Price history

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1 price change recorded for this property

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