1/25 Encore AvenueSomerton VIC 3062
Property Details for 1/25 Encore Ave, Somerton
1/25 Encore Ave, Somerton is a bedroom, bathroom Unit. The property has a land size of 1499m2 and floor size of 1100m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Last Listing description (March 2017)
This well presented office/warehouse with overhead crane is securely leased to a long term tenant and in an excellent location.
Tenant: Industrial Safety Fencing
Rental: $77,000 PA + GST
Term: 6 years
Lease commencement: On settlement
Options: Two further Terms of 5 years
Security: 6 Months Bank Guarantee
Increases: CPI annually
Building Area: 1,100 sqm
Features:
- High clearspan warehouse
- 5 tonne crane
- Container height roller door
- Ample modern office space
- Secure yard with ample parking
- As New condition
Contact Drew Williams 0408 013 968 today for more info or to inspect this property.
Property History for 1/25 Encore Ave, Somerton, VIC 3062
- 05 Dec 2016Listed for Rent - Price not available
- 27 Oct 2016Sold for $1,140,000
- 22 Sep 2016Listed for Sale $1,180,000 + GST (if applicable)
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About Somerton 3062
The size of Somerton is approximately 5.4 square kilometres. It has 5 parks covering nearly 0.9% of total area. The population of Somerton in 2006 was 4 people. By 2011 the population was 3 showing a population decline of 25.0% in the area during that time. The predominant age group in Somerton is 60-69 years. In general, people in Somerton work in a trades occupation..
Somerton has 759 properties. Over the last 5 years, Units in Somerton have seen a -7.02% decrease in median value. As at 31 July 2024:
- The median value for Houses in Somerton is $835,569 while the median value for Units is $395,537.
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