10/5 Great Eastern Hwy, Somerville is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a land size of 227m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Discover the perfect blend of security and space in this spacious and practical unit nestled within a secure complex. Ideal for those seeking both comfort and peace of mind.Features include:- 3 Bedrooms (with built in robes)- 1 Bathroom- Seperate toilet- Open plan kitchen, living and dining- Electric cooking- Electric hot water system- Evaporative air conditioning- Split system unit in living area - Low maintenance yard- Fixed term company lease until March 2024 @ $520.00 per week (paid calendar monthly)- Well located in a secure complex- Single carport - Built in 1995 approx- 227m2- Council rates- $2,179.07 per annum- Strata levies - $2,219.20 per annum- Leased until March 2024 for $520 per weekWhether you're an investor looking for an impressive 8.4% rental yield or a homeowner seeking a secure and low-maintenance living space, this unit checks all the boxes. Don't miss out on this fantastic opportunity to enjoy both financial returns and peace of mind.**Conjunctionals WelcomedDisclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy can not be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on the pertinent matters. Details herein do not constitute any representation by the owner or the agent and are expressly excluded from any contract.
The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15% of total area. The population of Somerville in 2011 was 3,811 people. By 2016 the population was 4,134 showing a population growth of 8.5% in the area during that time. The predominant age group in Somerville is 40-49 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation. In 2011, 58.6% of the homes in Somerville were owner-occupied compared with 59% in 2016.
Somerville has 1,809 properties. Over the last 5 years, Houses in Somerville have seen a 41.91% increase in median value, while Units have seen a 72.41% increase. As at 31 October 2024:
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