OFF MARKET

10 Transport Drive
Somerton VIC 3062

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 10000m2
Land area: 12331m2
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Property Details for 10 Transport Dr, Somerton

Building Type
Commercial
Floor Size
10000m2
Land Size
12331m2
Local Government
Hume
Lot/Plan
128/LP210764

Last Listing description (July 2022)

Knight Frank is pleased to offer 10 Transport Drive Somerton for sale or prelease.

A rare opportunity is offered to acquire a prime 1.233* hectare Transport Drive allotment or prelease a purpose-built facility. The property is surrounded by large institutional funds and corporate occupiers.


Access to the site is excellent, being located only moments from major arterial road networks including the Hume Highway Hume Freeway and M80 Ring Road and is 20 km* north of Melbourne's CBD.

KEY FEATURES

Large allotment of 12,330 sqm* (1.233 ha*)
Zoned Industrial 1 (IN1Z)
Significant development potential (STCA)
Prelease a purpose-built facility to occupy (concept design available upon request)
One of the last parcels of land available in the immediate Somerton area

For further information, please contact one of exclusive Knight Frank representatives to request a copy of the Information Memorandum or discuss this opportunity in further detail.

*approx

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Property History for 10 Transport Dr, Somerton, VIC 3062

A timeline of how this property has performed in the market
Last Sold
$4,895,000
23 Feb 2021
Listed for Rent
$9.11k/w
07 Jul 2022
  • 23 Feb 2021
    Sold for $4,895,000
  • 18 Mar 2020
    Listed for Sale Contact Agent
  • 18 Mar 2020
    Listed for Rent - Price not available
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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 751 properties. Over the last 5 years, Units in Somerton have seen a -7.02% decrease in median value. As at 30 September 2024:

  • The median value for Houses in Somerton is $802,324 while the median value for Units is $406,011.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Somerton on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Somerton.

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