SOLD
Sold on 29 Oct 2024 for $654,500

25/463A Somerville Road
Brooklyn VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 179m2
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Property Details for 25/463a Somerville Rd, Brooklyn

Building Type
Commercial
Land Size
179m2
Local Government
Brimbank
Lot/Plan
25/PS744496

Last Listing description (November 2024)

Located in Brooklyn's industrial precinct, 25/463A Somerville Road offers an exceptional opportunity for businesses looking for versatile warehouse and office space. Positioned just 10 km* from Melbourne CBD, 5 km* from the West Gate Freeway, and 8 km* to Melbourne Ports, this property ensures convenient access to major arterials and transport links.

Warehouse Area: 179 sqm

Plus Mezzanine: 75 sqm approx
Total Floor Area: 254 sqm
4 Car Parks on Title
3 Phase Power
Solar Panels
Electric R/Door
Kitchenette & Bathroom Facilities
Industrial 1 Zone
Automated high clearance roller door
Container access

Property History for 25/463a Somerville Rd, Brooklyn, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$654,500
29 Oct 2024
  • 18 Nov 2024
    Listed for Rent - Price not available
  • 29 Oct 2024
    Sold for $654,500
  • 10 Nov 2017
    Sold for $352,000

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About Brooklyn 3012

The size of Brooklyn is approximately 5.5 square kilometres. It has 5 parks covering nearly 2.7% of total area. The population of Brooklyn in 2011 was 1,639 people. By 2016 the population was 1,863 showing a population growth of 13.7% in the area during that time. The predominant age group in Brooklyn is 30-39 years. Households in Brooklyn are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brooklyn work in a professional occupation. In 2011, 59.2% of the homes in Brooklyn were owner-occupied compared with 55.9% in 2016.

Brooklyn has 1,951 properties. Over the last 5 years, Houses in Brooklyn have seen a 7.53% increase in median value, while Units have seen a 14.64% increase. As at 30 November 2024:

  • The median value for Houses in Brooklyn is $816,439 while the median value for Units is $622,991.
  • Houses have a median rent of $550 while Units have a median rent of $513.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Brooklyn on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Brooklyn.

Suburb Insights for Brooklyn 3012

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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.