SOLD
Sold on 11 Dec 2023 for $745,000

112A Somerville Road
Yarraville VIC 3013

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 194m2
Land area: 196m2
Sold By
Ethan Wong
Nelson Alexander Commercial
Tim Solly
Nelson Alexander Commercial
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Property Details for 112a Somerville Rd, Yarraville

112a Somerville Rd, Yarraville is a 2 bedroom, 0 bathroom House and was built in 1940. The property has a land size of 196m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Yarraville in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
194m2
Land Size
196m2
Local Government
Maribyrnong
Lot/Plan
1/LP32429

Last Listing description (November 2023)

Nelson Alexander Commercial are delighted to offer For Private Sale this prime investment property in the heart of Yarraville. Located within the favourable mixed use zone, this outstanding investment opportunity has dual tenancies and offers secure immediate income.

Key Property Features:

- Zoned Mixed Use (MUZ)

- Land Area 196m2 (approx.)
- Building Area 178m2 (approx.)
- Flexible Mixed-Use Income of Retail & Residential Leases
- Total Income of $37,284 pa
- Rear Access via ROW
- Short Walk to Yarraville Station
- Easy Access to Major Arterials Such as West Gate Freeway and many more
- Prime Location with Maximum Street Exposure
- Great Investment Opportunity
- Invest or Occupy

For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

Property History for 112a Somerville Rd, Yarraville, VIC 3013

A timeline of how this property has performed in the market
Last Sold
$745,000
11 Dec 2023
Listed for Rent
$420/w
15 Sep 2022
  • 11 Dec 2023
    Sold for $745,000
  • 17 Oct 2023
    Listed for Sale Contact Agent
  • 20 Mar 2018
    Listed for Rent - Price not available
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About Yarraville 3013

The size of Yarraville is approximately 5.7 square kilometres. It has 19 parks covering nearly 13.7% of total area. The population of Yarraville in 2011 was 13,747 people. By 2016 the population was 14,989 showing a population growth of 9.0% in the area during that time. The predominant age group in Yarraville is 30-39 years. Households in Yarraville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarraville work in a professional occupation. In 2011, 66% of the homes in Yarraville were owner-occupied compared with 64.7% in 2016.

Yarraville has 8,500 properties.

    There are currently 23 properties listed for sale, and 12 properties listed for rent in Yarraville on OnTheHouse. According to CoreLogic's data, 319 properties were sold in the past 12 months in Yarraville.

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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.