64 Heyington Avenue, Thomastown, Vic 3074

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64 Heyington Avenue, Thomastown, Vic 3074-Image

64 Heyington Avenue, Thomastown, Vic 3074-Floorplan

64 Heyington Avenue, Thomastown, Vic 3074

$954,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

697 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 64 Heyington Avenue, Thomastown, Vic 3074)

$954,000

View the agent price guide.

Gin Wu - Real Estate Agent - Ray White - Bundoora

Gin Wu Sales Executive / Elite Performer

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Kostas Kosmoglou - Real Estate Agent - Ray White - Bundoora

Kostas Kosmoglou Sales Executive

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-occupancy property on a large corner block, offering excellent rental income and future development potential in a high-demand location.

🏡 Property Highlights

Generous 700sqm corner allotment with future development potential (STCA).
Two well-maintained units with private backyards and lock-up garages.
Strong rental income with a proven rental history of $3,600 per month.
Excellent location within walking distance to Thomastown Train Station and local amenities.
Flexible accommodation options with three bedrooms in Unit 1 and two in Unit 2.
Ideal for investors seeking reliable income and future growth opportunities.

✨ Key Features

Garage
Outdoor Area
Built-in Robes
Open-Plan Living
Ensuite
Internal Laundry
Security Screens / Gates
Fly Screens
Waterfront / Views
Pet-Friendly

Suburb and Property Insights of Thomastown, VIC 3074

Thomastown is a vibrant suburb offering excellent connectivity with Thomastown Train Station and major arterial routes. It features a mix of residential and commercial developments, with a strong community vibe. The area boasts local schools, shopping precincts, cafes, and parks, making it ideal for families and investors alike. Ongoing growth and infrastructure projects ensure long-term value appreciation.

Frequently Asked Questions

What is the current rental income for the property?

The combined rental assessment for both units is approximately $3,600 per calendar month.

Are there any development restrictions or approvals required for future plans?

Future development options are subject to STCA (Subject To Council Approval) and local zoning regulations.

What are the ongoing costs associated with the property?

The Owners Corporation fee is nil, and other costs include council rates, water, and maintenance.

Is the property suitable for owner-occupiers or only investors?

The property offers flexible living options suitable for both investors and owner-occupiers seeking dual living arrangements.

What is the condition of the units and any recent upgrades?

Both units are well-maintained, with functional kitchens, comfortable living areas, and good natural light.

What to ask about this property to agent?

Are there any existing easements, covenants, or zoning restrictions affecting the property? Has the property been affected by any flooding or bushfire risks? Are there any upcoming planning or construction projects nearby that could impact the property? What are the details of the local council's development plans for the area? Are there any hidden costs or upcoming maintenance requirements for the units? Is the property compliant with all building and safety regulations? Are there any strata or body corporate arrangements, and what are the associated costs? What is the history of the property's occupancy and rental performance? Are there any noise or nuisance issues from neighboring properties? What are the long-term zoning plans for the land, and could they affect future development?

64 Heyington Avenue, Thomastown, Vic 3074 - More Details

$954,000

***The Auction will take place Thursday 21 May at 6:30 PM at Ray White Bundoora Office located at 1344-1346 Plenty Road, Bundoora***

2 Properties On One Title

Welcome to an outstanding investment opportunity set on a generous 700sqm (approx.) corner allotment, offering both immediate rental returns and exciting future potential.

Currently comprising two well-maintained units, each with its own private backyard and lock-up garage, this versatile property is ideal for investors seeking a reliable income stream or those looking to explore future development options (STCA). With strong tenant appeal and a proven rental history, this is a rare chance to secure a quality dual-occupancy holding in a high-demand location.

Both units feature functional kitchens, comfortable living areas, and practical layouts designed to suit modern tenants. The spaces are well proportioned and easy to maintain, making them consistently popular within the rental market.

Unit 1 (brick veneer) offers three spacious bedrooms, while Unit 2 (weatherboard) includes two bedrooms, providing flexible accommodation options for singles, couples, and small families. Each residence is complemented by a well-appointed bathroom and excellent natural light throughout.

A standout feature is the inclusion of separate outdoor areas for each unit-private backyards that enhance lifestyle appeal and add significant value in the rental market. Combined with individual garages, the property delivers the kind of convenience and privacy rarely found in multi-unit opportunities.

Perfectly positioned within walking distance to Thomastown Train Station, local schools, and only minutes from the vibrant Station Street shopping precinct, cafés and eateries, this location offers unbeatable accessibility. With easy access to the Metropolitan Ring Road and major arterial routes, the property is ideally placed for commuters and future growth.

This is a prime opportunity to secure a high-performing investment with long-term upside in a rapidly developing area.

Land Size: 694m2 (Approx)
Deposit: 10% of the purchase price
Settlement Preference: 30/60/90 days
Rental Assessment: $3600 per calendar month for both together
Owners Corp Fee: nil

Type: Block Of Units
Bedrooms: 5
Bathrooms: 2
Parkings: 2
Area: 697 m²

Price guide

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64 Heyington Avenue, Thomastown, Vic 3074

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