194A Somerville RoadKingsville VIC 3012
Property Details for 194a Somerville Rd, Kingsville
Last Listing description (October 2017)
Esteemed positioning within the heart of the central west, and ideal for remodelling or development (STCA), this commercial property comes with a one bedroom flat. Within a vibrant business and extensive residential precinct of Yarraville, Kingsville, Seddon and Footscray and offering excellent exposure to a wide range of traffic. Currently achieving a return of $39K PA, the astute investor or developer can buy time with future planning, or move right in for the owner occupier.
The flat includes secure rear entry, small courtyard with clothes line, under cover walkway, laundry, separate toilet and shower, kitchen, 1x bedroom and lounge. Polished timber floors, fireplace and NOBO heating.
The commercial shop includes a fireplace, spacious double open plan room with storage and access to rear toilet. Neighbours include the next door caf and Chiropractor, with restaurants and a range of medical facilities nearby.
Property Highlights:
Close to Yarraville with its restaurants and Sun Theatre
Public transport
Separate power metres
Excellent return PA
Exposure to Somerville Rd traffic
Dual Income return
Property History for 194a Somerville Rd, Kingsville, VIC 3012
- 09 Aug 2025Sold for $950,000
- 11 Apr 2017Listed for Rent - Price not available
- 04 Apr 2017Sold for $850,000
Recent sales nearby
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0About Kingsville 3012
The size of Kingsville is approximately 0.7 square kilometres. There are 3 parks, covering nearly 1.2% of the total area. The population of Kingsville in 2016 was 3946 people. By 2021 the population was 3920 showing a population decline of 0.7% in the area during that time. The predominant age group in Kingsville is 30-39 years. Households in Kingsville are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Kingsville work in a professional occupation.In 2021, 60.70% of the homes in Kingsville were owner-occupied compared with 56.30% in 2016.
Kingsville has 2,233 properties. Over the last 5 years, Houses in Kingsville have seen a -5.95% decrease in median value, while Units have seen a -1.29% decrease. As at 30 June 2026:
- The median value for Houses in Kingsville is $1,143,994 while the median value for Units is $536,798.
- Houses have a median rent of $745 while Units have a median rent of $433.
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