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35 Central Avenue, Thomastown, Vic 3074 For Sale
35 Central Avenue, Thomastown, Vic 3074 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Image 35 Central Avenue, Thomastown, Vic 3074-Floorplan

35 Central Avenue, Thomastown, Vic 3074

$950,000 - $1,025,000

House
Type
5
Bedrooms
2
Bathrooms
2
Parkings
718 mΒ²
Area

Published on Wednesday, May 20, 2026 ( See property details for 35 Central Avenue, Thomastown, Vic 3074)

$950,000 - $1,025,000

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

A versatile dual-home property on a large block in Thomastown, offering excellent investment and redevelopment potential in a highly sought-after location.

🏑 Property Highlights

  • Two homes on a single title, ideal for multi-generational living or investment.
  • Substantial 718m² allotment with future development potential (STCA).
  • Prime location close to High Street shopping, dining, and public transport.
  • Front weatherboard home with 2 bedrooms and open-plan living areas.
  • Rear spacious family home with 3 bedrooms, multiple living zones, and 2 bathrooms.
  • Currently rented, offering immediate income while exploring redevelopment options.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Internal Laundry
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
Latest Aerial Imagery Available
35 Central Avenue
Thomastown, VIC 3074
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Vertical aerial view β€” 35 Central Avenue
35 Central Avenue — Vertical Aerial  •  Thomastown, VIC 3074  •  Nearmap © 2026

Thomastown is a vibrant suburb offering excellent connectivity and amenities, including shopping precincts, schools, and public transport. It boasts a strong community feel, with parks and recreational facilities nearby. The area is ideal for families and investors seeking growth potential. Its strategic location provides easy access to Melbourne CBD and surrounding suburbs. Thomastown continues to attract buyers looking for affordable, versatile living options with future development opportunities.

What are the current rental incomes for the two dwellings?
The property is currently rented, providing immediate income, though specific rental figures can be obtained from the current tenants or agent.
Is subdivision or development approval available for this property?
The property sits within a residential RGZ growth zone (STCA), allowing for future subdivision or development subject to council approval.
What are the zoning restrictions and potential for future redevelopment?
The property is zoned RGZ, which supports residential growth and development, with potential for subdivision or multi-level development subject to council approval.
Are there any known planning or building restrictions on the property?
All planning and building restrictions are subject to local council regulations; prospective buyers should conduct due diligence with the Thomastown council.
What are the nearby amenities and transport options?
The property is within walking distance to High Street shopping and dining precinct, Thomastown Train Station, and multiple public transport options, along with local schools and amenities.
Are there any existing easements, covenants, or zoning restrictions that could affect future development or subdivision plans? Have any recent renovations or repairs been carried out, and are there any outstanding building or pest issues? Are there any planned infrastructure projects or developments in the area that could impact property value or living conditions? What are the strata or community title considerations, if applicable, and are there any associated fees? Is there any history of flooding, bushfire risk, or other environmental hazards on or near the property?

35 Central Avenue, Thomastown, Vic 3074 - More Details

$950,000 - $1,025,000

Expressions of Interest closes Monday 15th June at 5:30pm

A rare & exciting opportunity awaits with this prosperous find in this sought after pocket in Thomastown. Here’s your chance to secure two homes on the one title, making it an attractive option for multi-generational families, savvy investors and developers, as you have the option of sub-dividing in the future or bringing dreams of a multi-level development to life, as these dwellings sit on a substantial allotment of 718m2 (approx.) and are placed within a residential RGZ growth zone (STCA). The front dwelling is an original weatherboard with two generous bedrooms, family bathroom and laundry, separate living room and an open plan kitchen and meals area. While at the rear, discover a family-sized proposition of three spacious bedrooms, two bathrooms, multiple living zones and an open plan kitchen and meals area with connecting courtyard. The two homes also allow for off-street parking. Both dwellings are also currently rented so you have plenty of time to explore options of redeveloping and capitalising on its super-convenient position with High Street shopping/dining at the top of end of the street, along with Thomastown Train Station and adjoining public transport options, primary/secondary schools, and local amenities all within walking distance from your front door.
Type
House
Bedrooms
5
Bathrooms
2
Parkings
2
Area
718 mΒ²

Price guide

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