73 Freight Drive, Somerton, VIC 3062 | Property Value & History | OnTheHouse
 
OFF MARKET

73 Freight Drive
Somerton VIC 3062

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 901m2
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Property Details for 73 Freight Dr, Somerton

Building Type
Commercial
Land Size
901m2
Local Government
Hume
Lot/Plan
206/LP219748

Last Listing description (March 2023)

Excellent stand-alone office/ warehouse in sought after location with
Offices over 2 levels. Excellent internal clearance/height, with
motorized roller door and securely gated. Easy access to Hume

Highway and Melbourne Ring Road.

Points Of Interest:

LAND AREA: 900m2 (approx.)
BUILDING AREA: 590m2 (approx.)

HEATING /COOLING
10 CAR SPACES
3 PHASE POWER
ZONED INDUSTRIAL 1.
GOOD AMENITIES

Currently Leased on following lease terms & conditions:

LESSEE: CLEARWATER LAKES and PONDS PTY LTD
LEASE COMMENCEMENT: 5/2/21
LEASE TERM: 2 YEARS
FURTHER TERMS: 1 Term of 2 years each.
CURRENT RENTAL: $46028.64 + OUTGOINGS + GST
RENT INCREASES: CPI.

WELL WORTH YOUR CONSIDERATION AND INSPECTION!

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Property History for 73 Freight Dr, Somerton, VIC 3062

A timeline of how this property has performed in the market
Last Sold
$1,380,000
07 Feb 2023
  • 07 Feb 2023
    Sold for $1,380,000
  • 25 Jan 2023
    Listed for Sale Under Contract
  • 12 Sep 2008
    Sold for $650,000
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About Somerton 3062

The size of Somerton is approximately 5.4 square kilometres. It has 5 parks covering nearly 0.9% of total area. The population of Somerton in 2016 was 0 people. By 2021 the population was 6 showing a stable population in the area during that time. The predominant age group in Somerton is 50-59 years. Households in Somerton are likely to be repaying under $300 per month on mortgage repayments. In general, people in Somerton work in a clerical occupation.In 2021, 0.00% of the homes in Somerton were owner-occupied compared with 0.00% in 2016.

Somerton has 725 properties. Over the last 5 years, Units in Somerton have seen a -7.02% decrease in median value. As at 31 January 2026:

  • The median value for Houses in Somerton is $856,640 while the median value for Units is $426,793.
There are currently 1 property listed for sale, and 3 properties listed for rent in Somerton on OnTheHouse. According to Cotality's data, 18 properties were sold in the past 12 months in Somerton.

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