SET & FORGET!
POSITIONED IN A MODERN SOUGHT AFTER COMPLEX WITH EXCELLENT TENANT. LEASED UNTIL AUGUST 2015 WITH FURTHER 1 YEAR OPTION. CONCRETE CONSTRUCTION WITH HIGH VEHICLE ACCESS. *TOTAL AREA 262M2 INCLUDING 40M2 OFFICE/MEZZ *CURRENT RETURN $24,497 PA + OG *STRATA FEES APPROX $900 A QUARTER (PAID BY TENANT) *IDEAL INVESTMENT OPPORTUNITY WITH EXCELLENT RETURN
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 958 properties. Over the last 5 years, Houses in Somersby have seen a 49.26% increase in median value. As at 31 October 2024:
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