OFF MARKET

70 Austrak Drive
Somerton VIC 3062

Bedrooms: -
Bathrooms: -
Car spaces: 30
Floor area: 3036m2
Land area: 4329m2
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Property Details for 70 Austrak Dr, Somerton

Building Type
Commercial
Floor Size
3036m2
Land Size
4329m2
Local Government
Hume
Lot/Plan
3/PS530455

Last Listing description (August 2017)

CBRE is delighted to present 70 Austrak Drive, Somerton for sale - buy now and occupy later.
This exciting purchase opportunity is located just off Cooper Street with excellent access to major road arterials and Melbourne Airport.
The property is currently securely leased until May 2017 returning $208,000 per annum.

Key features include:
- Total building area: 3,036sqm*
- Two (2) level corporate office
- High clear span warehouse
- Expansive hardstand area with ample on-site car parking
- Four (4) container height roller shutter doors
- Three (3) phase power
- Securely gated stand-alone facility
Please contact the marketing agents for an inspection and further information.
*approx

Property History for 70 Austrak Dr, Somerton, VIC 3062

A timeline of how this property has performed in the market
Last Sold
$2,600,000
05 May 2017
  • 05 May 2017
    Sold for $2,600,000
  • 21 Oct 2016
    Listed for Sale Not Disclosed
  • 13 Sep 2016
    Listed for Sale $3,050,000
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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.

Suburb Insights for Somerton 3062

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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.