7-11 Somerton Park DriveCampbellfield VIC 3061
Property Details for 7-11 Somerton Park Dr, Campbellfield
Last Listing description (August 2020)
Located in Somerton, close to Cooper Street and the Hume Hwy.
This is a perfect opportunity for the savvy investor looking for stable and secure tenants or for future potential developments.
Currently tenanted to strong and stable tenant known as PLASDEN GLASS-PAK PTY LTD, one of the largest independent packaging distribution business in Australia.
Building Area: Office 470sqm
Warehouse and awning 8,739smq
Total Building 9,200smq
Land Area: 2.34ha
Long term lease with further terms, fixed increases per annum, high rental return.
Lease Details:
Tenant: Plasdene Glass- Pak Pty Ltd
Term: Six years
Rental: $567,236 + GST + OUTGOINGS
Increases: 5% per annum.
For further details or to arrange an inspection contact:
Khai Vo 0411 311 999
Property History for 7-11 Somerton Park Dr, Campbellfield, VIC 3061
- 20 Dec 2019Sold for $9,850,000
- 01 Aug 2016Listed for Sale Contact Agent
- 07 Oct 2009Sold for $6,100,000
Recent sales nearby
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About Campbellfield 3061
The size of Campbellfield is approximately 12.3 square kilometres. There are 9 parks, covering nearly 7.3% of the 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 5,824 properties. Over the last 5 years, Houses in Campbellfield have seen a 18.36% increase in median value, while Units have seen a 24.53% increase. As at 30 June 2026:
- The median value for Houses in Campbellfield is $652,984 while the median value for Units is $494,439.
- Houses have a median rent of $530 while Units have a median rent of $430.
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