1055 Frankston-Flinders Road, Somerville, VIC 3912 | Property Value & History | OnTheHouse
OFF MARKET

1055 Frankston-Flinders Road
Somerville VIC 3912

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3853m2
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Property Details for 1055 Frankston-Flinders Rd, Somerville

Building Type
Land
Land Size
3853m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP375628

Last Listing description (June 2026)

Positioned on one of the South East's busiest and most recognisable roundabouts, this exceptional commercial holding presents a rare opportunity to secure a landmark site with outstanding exposure, dual street access, and limitless future potential.Occupying approximately 3,853sqm of prime land, the property benefits from prominent frontage to both Frankston-Flinders Road and Grant Road, providing exceptional accessibility, flexibility, and unparalleled opportunities for business branding, signage, and advertising visibility to thousands of passing vehicles each day.Whether you're an investor, developer or business operator seeking a high-profile location, the possibilities are extensive. The substantial landholding offers ample space for a wide range of commercial uses (STCA), making it an opportunity rarely found in such a tightly held and highly visible position.Key Features:-Landmark corner site at a major South East roundabout-Approx. 3,853sqm of land-Dual access via Frankston-Flinders Road and Grant Road-Outstanding exposure to high volumes of daily traffic-Significant signage and branding opportunities-Flexible commercial potential (STCA)-Highly accessible location with excellent vehicle accessA Piece of Somerville's HistoryAdding to its appeal, the property is home to the iconic pink building known historically as Holmes' Wine Caf, an important part of Somerville's early development. Dating back to the late 1870s or early 1880s, the building operated under a Colonial Wine Licence and served as a popular stop for mail coaches travelling between Melbourne and Hastings during the coaching era.The site was closely associated with Cobb & Co. passengers and drivers and played a significant role as a local meeting place and community hub. Before dedicated public buildings existed in Somerville, the caf was also used for official proceedings and local gatherings, making it an important part of the township's social and civic history.Today, this unique property offers purchasers the chance to secure not only a highly strategic commercial asset but also a site with a rich connection to Somerville's past.Historical information courtesy of the Somerville, Tyabb and District Heritage Society.

Property History for 1055 Frankston-Flinders Rd, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Transferred
29 May 2008
  • 15 Jun 2026
    Listed for Sale AUCTION
  • 29 May 2008
    Transferred
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About Somerville 3912

The size of Somerville is approximately 38.4 square kilometres. There are 30 parks, covering nearly 5.7% of the total area. The population of Somerville in 2016 was 11336 people. By 2021 the population was 11767 showing a population growth of 3.8% in the area during that time. The predominant age group in Somerville is 50-59 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation.In 2021, 79.80% of the homes in Somerville were owner-occupied compared with 77.30% in 2016.

Somerville has 5,861 properties. Over the last 5 years, Houses in Somerville have seen a 12.56% increase in median value, while Units have seen a 13.38% increase. As at 31 May 2026:

  • The median value for Houses in Somerville is $917,177 while the median value for Units is $613,875.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 33 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to Cotality's data, 261 properties were sold in the past 12 months in Somerville.

Suburb Insights for Somerville 3912

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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.