131-149 Somerton Road, Campbellfield, VIC 3061 | Property Value & History | OnTheHouse
OFF MARKET

131-149 Somerton Road
Campbellfield VIC 3061

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Property Details for 131-149 Somerton Rd, Campbellfield

Building Type
Commercial
Local Government
Hume
Lot/Plan
1/LP97249

Last Listing description (October 2023)

NORTH MELBOURNE LOGISTICS HUB

On behalf of Cabot Properties, Colliers and CBRE are pleased to offer For Lease the North Melbourne Logistics Hub, a prime grade industrial estate situated within the highly sought-after Melbourne core - North industrial market.

North Melbourne Logistics Hub is the latest institutional grade development to be offered to a tightly held industrial market within Melbourne's North that is currently underserved by product that meets the requirements of a modern-day occupier.

Comprising of between 3-5 tenancies across a total of 55,837m2, this estate is situated on a 9.3ha land holding and is strategically located with direct access to the major arterial routes including the Hume Highway (1.1km), Hume Freeway (4.6km) and Metropolitan Ring Road (5.7km).

Key Property Details
+ Warehouse 1.1: 15,624 sqm* (total area)
+ Warehouse 1.2: 14,892 sqm* (total area)
+ Warehouse 1.3: 16,268 sqm* (total area)
+ Warehouse 2.1: 4,490 sqm* (total area)
+ Warehouse 2.2: 4,477 sqm* (total area)
+ Multiple container height roller shutter doors and recessed loading docks
+ Equipped with expansive super-awnings for all weather loading/unloading
+ 14.6m* internal ridge height
+ ESFR Fire Sprinkler System
+ Ample on-site parking for staff and visitors
+ DA approved for 24/7 operations

Location Details
+ 18.5km* to Melbourne CBD
+ 18.9km* to Port of Melbourne
+ 7.9km* to Melbourne Airport
+ 4.8km* to Epping wholesale fruit & vegetable market
+ Exceptional connectivity to the Eastern Seaboard

Construction is soon to commence with buildings ready to occupy by Q4 2024 Q1 2025.

Please contact the exclusive marketing agents from CBRE & Colliers for access to the interactive site-tour and any additional information regarding this exciting leasing opportunity.

*Approx.
**Outlines indicative only
***Artist impression

Property History for 131-149 Somerton Rd, Campbellfield, VIC 3061

A timeline of how this property has performed in the market
Last Sold
$41,000,000
31 Mar 2022
  • 24 Jul 2023
    Listed for Rent - Price not available
  • 07 Nov 2018
    Listed for Rent - Price not available
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About Campbellfield 3061

The size of Campbellfield is approximately 12.3 square kilometres. It has 9 parks covering nearly 7.3% of total area. The population of Campbellfield in 2016 was 5056 people. By 2021 the population was 4977 showing a population decline of 1.6% in the area during that time. The predominant age group in Campbellfield is 20-29 years. Households in Campbellfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Campbellfield work in a trades occupation.In 2021, 69.60% of the homes in Campbellfield were owner-occupied compared with 70.10% in 2016.

Campbellfield has 5,801 properties. Over the last 5 years, Houses in Campbellfield have seen a 29.17% increase in median value, while Units have seen a 33.37% increase. As at 31 January 2026:

  • The median value for Houses in Campbellfield is $650,148 while the median value for Units is $488,567.
  • Houses have a median rent of $530 while Units have a median rent of $410.
There are currently 26 properties listed for sale, and 21 properties listed for rent in Campbellfield on OnTheHouse. According to Cotality's data, 159 properties were sold in the past 12 months in Campbellfield.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.