21 King StreetSomerton VIC 3062
Property Details for 21 King St, Somerton
Last Listing description (June 2024)
Situated directly within 3 thriving residential & industrial suburbs, 21 King Street, Somerton presents a golden and unique opportunity for investors, business owners and developers alike (STCA).
• Industrial 1 Zone
• Month to month tenancy returning approximately $20,247 per annum
• Central location surrounded by established businesses, shops and residential areas
• Approximately 25 km from Melbourne CBD
• Approximately 16 km from Melbourne Airport
• Approximately 8 km from Amazon Robotics Fulfilment Centre
Reach out today to find out more about this impeccably located property and cement yourself in the upcoming opportunity it has to offer.
INSPECTION BY APPOINTMENT ONLY.
Property History for 21 King St, Somerton, VIC 3062
- 28 Jun 2024Sold for $650,000
- 19 Mar 2024Listed for Sale $850,000
- 01 Oct 2020Listed for Rent $17,000 / year
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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 764 properties. Over the last 5 years, Units in Somerton have seen a -7.02% decrease in median value. As at 30 November 2024:
- The median value for Houses in Somerton is $775,438 while the median value for Units is $343,090.
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