2 Eramosa Road E, Somerville, VIC 3912 | Property Value & History | OnTheHouse
 
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2 Eramosa Road E
Somerville VIC 3912

Bedrooms: -
Bathrooms: -
Car spaces: 19
Land area: 2145m2
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Property Details for 2 Eramosa Rd E, Somerville

Building Type
Commercial
Land Size
2145m2
Local Government
Mornington Peninsula
Lot/Plan
S2/PS502007

Last Listing description (September 2023)

GormanKelly is pleased to offer 2 Eramosa Road East, Somerville FOR LEASE.

Formally an IGA outlet for many years, this is a well maintained and versatile 965 sqm retail building.

The property is a significant corner landholding of 1,926 sqm with premium Commercial 1 zoning and dual street frontage of over 97 metres.

Due to its previous long term use the building has efficient access and egress for goods via roller doors, substantial electrical power as well as gas.

It has direct retail access to 19 on-title parking spaces plus seamless integration with over 30 car parks on neighbouring properties as well as generous street parking.

For further details or inspections please contact Nick Breheny or Gerry Gleeson.

Somerville is a satellite suburb 52km from Melbourne, between Frankston and Hastings.

The property is in the heart of Somerville dominating a virtually fully occupied strip of shops.

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Property History for 2 Eramosa Rd E, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$2,552,691
04 Mar 2013
Listed for Rent
$235k/w
18 Sep 2023
  • 18 Sep 2023
    Listed for Rent - Price not available
  • 28 Jun 2018
    Listed for Sale Price on Request
  • 26 Jul 2017
    Listed for Sale Contact Agent
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About 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 5,876 properties. Over the last 5 years, Houses in Somerville have seen a 23.42% increase in median value, while Units have seen a 21.21% increase. As at 31 March 2026:

  • The median value for Houses in Somerville is $946,015 while the median value for Units is $627,997.
  • Houses have a median rent of $650 while Units have a median rent of $555.
There are currently 30 properties listed for sale, and 1 property listed for rent in Somerville on OnTheHouse. According to Cotality's data, 256 properties were sold in the past 12 months in Somerville.

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