1 Vere PlaceSomersby NSW 2250
Property Details for 1 Vere Pl, Somersby
Last Listing description (October 2021)
Positioned in the Somersby industrial precinct, an ever growing and ever improving precinct, with close and easy access to the Sydney/Newcastle M1 Motorway. This estate is home to a large and diverse number of businesses including manufacturing, warehousing, heavy industrial uses, transportation and logistics.
The hard work is done, development consent has been granted and you now have the opportunity to purchase 4,036m2 of IN1 zoned industrial land that can be set up and run as a Resource Recovery Facility or ripe for an industrial development (STCA).
This parcel of land occupies a corner position providing dual street frontage, with existing improvements including perimeter fencing, double entry gates, kerb and guttering.
With the Northconnex tunnel now completed cutting travel times to Sydney. With Sydney land prices increasing and supply drying up, this parcel offers a rare opportunity & D.A. consent
So many options set up to use for your own business, lease out to a quality operator, develop and sell or simply hold as a passive investment.
Expressions of interest opens 12th July 2021 and closes 9th August 2021.
To obtain the Information Memorandum, inspect the property or submit an Expression of Interest, contact Chris Watson today.
Property History for 1 Vere Pl, Somersby, NSW 2250
- 17 Sep 2021Sold for $1,518,000
- 13 Jul 2021Listed for Sale Under contract
- 02 Sep 2014Sold for $343,200
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0About Somersby 2250
The size of Somersby is approximately 81.0 square kilometres. There are 12 parks, covering nearly 41.4% of the total area. The population of Somersby in 2016 was 1066 people. By 2021 the population was 1087 showing a population growth of 2.0% in the area during that time. The predominant age group in Somersby is 50-59 years. Households in Somersby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Somersby work in a managers occupation.In 2021, 67.10% of the homes in Somersby were owner-occupied compared with 72.30% in 2016.
Somersby has 982 properties. Over the last 5 years, Houses in Somersby have seen a -6.04% decrease in median value. As at 31 July 2026:
- The median value for Houses in Somersby is $1,923,037 while the median value for Units is $659,504.
- Houses have a median rent of $698.
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