15 Somersby Falls RoadSomersby NSW 2250
Property Details for 15 Somersby Falls Rd, Somersby
Last Listing description (November 2023)
The hard work is done, development consent has been granted & the construction certificate is in place.
You now have the opportunity to purchase 3,451sqm of E4 - General Industrial (formerly IN1) zoned land within the Somersby Industrial Precinct.
This north facing parcel offers over 61 metres of direct street frontage to Somersby Falls Road.
The existing D.A. approval is for a large freestanding industrial facility with showroom, office & mezzanine area totalling 1,235sqm.
The property's attractive price of $2,053,345 + GST equates to $595 per square metre + GST.
With the North Connex tunnel in operation cutting travel times to and from Sydney; Sydney land prices significantly higher and supply drying up, this parcel is a fantastic proposition.
Skip the work & waiting times with Council and begin building quickly.
Please contact us to obtain your Information Memorandum.
Property History for 15 Somersby Falls Rd, Somersby, NSW 2250
- 05 Apr 2024Sold for $1,925,000
- 02 May 2023Listed for Sale $2,053,345 + GST
- 03 Mar 2022Sold for $1,540,000
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0About Somersby 2250
The size of Somersby is approximately 81 square kilometres. It has 12 parks covering nearly 41.4% of total area. The population of Somersby in 2011 was 980 people. By 2016 the population was 1,066 showing a population growth of 8.8% in the area during that time. The predominant age group in Somersby is 50-59 years. Households in Somersby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Somersby work in a managers occupation. In 2011, 73.8% of the homes in Somersby were owner-occupied compared with 72.3% in 2016.
Somersby has 956 properties. Over the last 5 years, Houses in Somersby have seen a 49.26% increase in median value. As at 31 October 2024:
- The median value for Houses in Somersby is $2,161,904 while the median value for Units is $1,365,488.
- Houses have a median rent of $698.
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