Thomastown

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<p>The Melbourne developer Forte Group are expecting first home and entry level buyers at their latest Thomastown development Nexus Apartments.</p>

<p>The $36 million project at 240 High Street Thomastown, north of Melbourne, will comprise 74 apartments across its two boutique five-level buildings in the heart of the town. They will be the town's biggest residential development.</p>

<p>Forte Group director William Tan says the development will be more geared towards first home buyers and entry level buyers that are priced out of suburban homes.</p>

<p>"This will be one of the finest buildings in Thomastown and with close proximity to the train station, shops and local schools, this building will set the benchmark for apartment living in this area," Mr Tan said.</p>

<p><a href="https://www.urban.com.au/new-apartments/nexus-apartments-thomastown-240-high-street-thomastown"><img alt="" height="776" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/forte_thomastown_bedroom.jpg" width="1200"></a></p>

<p>Prices start from $349,000 for one bedroom apartments, $449,000 for two beds and $539,000 for three bedroom apartments.</p>

<p>The collaboration between Melbourne architecture firm Hachem and Cornetta Partners saw the duo consider the location of Nexus in its design, with the Thomastown's 1880's train station located across the road.</p>

<p>The two five level buildings curve past each other, replicating a train bending around a track. The large carriage-shaped windows feature in the living spaces, while the ground level facade, where there will be six retail spaces, references two trains sliding past each other.</p>

<p>Construction is expected to begin in June with completion slated for the end of 2022.</p>

<h2><strong>VIC properties now selling:</strong></h2>

<p>[smartcode_project:default project_id=7633]</p>

<p>[smartcode_project:default project_id=3494]</p>

<p>[smartcode_project:default project_id=89720]</p>
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The $36 million project at 240 High Street Thomastown, north of Melbourne, will comprise 74 apartments across its two boutique five-level buildings in the heart of the town.


Joel Robinson

Why Forte Group's Thomastown apartment development Nexus will be a hit for first home and entry level buyers

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<p><span>A vacant possession industrial premises </span>located at Thomastown, Victoria has been sold at auction.</p>
<p><span>The 568 sqm building at 82 Lipton Drive attracted over 30 enquiries. </span></p>
<p><span>There were 19 bids taken between two bidders.</span></p>
<p><span> The property was purchased for $820,000 by an owner occupier, $70,000 above reserve. </span></p>
<p><span>This result equates to a building rate of $1,443.66/sqm and a land rate of $950.17/sqm for the 863sqm site.</span></p>
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<p><span>Situated off Mahoneys Road, this location provides easy access to major roads and arterials including being under 3km from Hume Highway, 2.5km from the M80 Ring Road and its associated </span>linkages to the Tullamarine Freeway, Hume Freeway and West Gate Freeway.</p>
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<p><span>It was sold by Craig McKellar and Oliver Price of CVA.</span></p>
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j.ballantyne1990-6AQqhLzZaK

Thomastown industrial building sold for $820,000

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<p><span>Anthony Carbone </span><span>of CVA has leased a high exposure industrial premises located at </span>Thomastown.</p>
<p><span>The 615 sqm premises at 157 High Street boasts a frontage of over 25m to the main street.</span></p>
<p><span>It was leased by Everest Institute of Education Pty Ltd who provide vocational education courses in automotive and hospitality. </span></p>
<p><span>The property was leased for $110,000 per annum on a three (3) year lease plus options, equating to a building rate of $178 per sqm.</span></p>
<p><span>The single level property comprises showroom/office of 80sqm, warehouse of 535sqm, four RSDs, hardstand area and on-site parking for 21 vehicles.</span></p>
<p><span>Located close to High Street's busy retail strip, the property is 200m from Thomastown Train Station </span><span>and is within 2km’s of the Metropolitan Ring Road, Dalton Road and Mahoneys Road.</span></p>
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