1079-1083 Frankston-Flinders RoadSomerville VIC 3912
Property Details for 1079-1083 Frankston-Flinders Rd, Somerville
Last Listing description (October 2023)
Offering the opportunity to lease a standalone commercial premises in a superb central location.
Positioned in the hub and hive of activity of Somerville retail precinct and close to Aldi and Somerville Plaza Shopping Centre.
Key Features include:
* Building area 155sqm*
* Light and bright tenancy
* Rear access provided by common side drive and yard
* Prime frontage and exposure to Frankston-Flinders Road
* Staff amenities
* Available 1st September 2023
For further information or to arrange an inspection, please contact:
Jamie Stuart
Thomas Gordon
PLEASE NOTE:
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
Property History for 1079-1083 Frankston-Flinders Rd, Somerville, VIC 3912
- 06 Jul 2023Listed for Rent - Price not available
- 24 Nov 2021Sold for $688,000
- 31 May 2021Listed for Sale Multi Tenant Investment
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0About Somerville 3912
The size of Somerville is approximately 38.4 square kilometres. It has 30 parks covering nearly 5.7% of 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 5,875 properties. Over the last 5 years, Houses in Somerville have seen a 28.08% increase in median value, while Units have seen a 24.36% increase. As at 31 January 2026:
- The median value for Houses in Somerville is $949,191 while the median value for Units is $620,171.
- Houses have a median rent of $650 while Units have a median rent of $565.
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