SOLD
Sold on 23 Jan 2024 for $810,000

3/35 Somersby Falls Road
Somersby NSW 2250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 236m2
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Property Details for 3/35 Somersby Falls Rd, Somersby

Building Type
Land
Land Size
236m2
Local Government
Central Coast
Lot/Plan
3/SP106748

Last Listing description (January 2024)

A brand new high quality warehouse is available to purchase as a Tenanted Investment.
Net Rent commencing 1st December $38,000 per annum + GST + outgoings.

3 year lease with 2 x 1 year options.
With this absolutely fastidious tenant in place your Investment will be well looked after for years to come.
Good depreciation opportunities from Day 1.
Situated at the front of a small complex this is a prime opportunity to own a top-tier warehouse in a small complex of only 3 strata titled units.
With approximately 195m2 of open warehouse floor space this is the ideal unit with high clearance up to approximately 8 metres.
Cleverly designed with a 20m2 storage mezzanine directly over the bathroom amenities there is no waste of space or intrusion to the warehouse area.
The developer has decided to lease this warehouse back for 3 years as storage for his equipment and tools.

Features include:

- Full concrete construction with colorbond roof
- Exceptionally well finished epoxy floors providing a clean space and durability
- 300k per m2 of solid storage mezzanine
- Beautiful and spacious bathroom with Terrazzo floor to ceiling tiles
- NBN Ready
- 3 Phase power with outlet installed
- Alarm system
- Enjoy easy access with an automatic roller door, secure complex fully fenced with automatic gates, sensor exit pad, and 3 allocated car spaces.
- Level easy access for deliveries
- Zoning is E3, making it perfectly suitable for storage, warehousing, distribution, and a variety of other light industries.
- This unit has exclusive use of the front BBQ area as set out in the By Laws.
- Just 1-2 minutes from the M1 Motorway, positioned between Sydney and Newcastle, making it extremely convenient for travelling in either direction

Auction On site
Friday 8th December
11am (Registrations from 10.30am)

Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Property History for 3/35 Somersby Falls Rd, Somersby, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$810,000
23 Jan 2024
  • 23 Jan 2024
    Sold for $810,000
  • 10 Nov 2023
    Listed for Sale Under Contract

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About 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 958 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.
There are currently 8 properties listed for sale, and 15 properties listed for rent in Somersby on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Somersby.

Suburb Insights for Somersby 2250

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Karen Aubrey
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LJ Hooker Commercial Central Coast
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.