542 Somerville RoadSunshine West VIC 3020
Property Details for 542 Somerville Rd, Sunshine West
Last Listing description (April 2010)
LARGE WAREHOUSE WITH HUGE INVESTMENT OPPORTUNITIES
NESTED IN THE EVER SO POPULAR SOMERVILLE ROAD IS THIS LARGE FACTORY/WAREHOUSE WITH AMPLE OFFICE SPACE AND SHOWROOM CONSISTING ON TOTAL FLOOR AREA OF APPROXIMATELY 1,300M2.
OFFERING A LARGE NUMBER OF ROAD SIDE EXPOSURES THAT ONLY THE MAIN AND WELL ESTABLISHED ROAD CAN OFFERING AND AMPLE OPPORTUNITY FOR THAT GROWING BUSINESS OR INVESTOR. WITH EASY ACCESS FROM ALL ENDS GEELONG ROAD, PRINCESS FREEWAY AND WESTERN RING ROAD,
EXPECTED OF RENTAL RETURN FOR BOTH WAREHOUSES COULD BE EXCEED 8% PER ANNUM. WHETHER YOU ARE AN EXISTING BUSINESS LOOKING FOR EXPANDING FOR THAT EXTRA ROOM OR AN INVESTOR YOU REALLY CAN???T GO WRONG.
FOR MORE INFORMATION PLEASE CONTACT:
TOM SINGH 0424 001 714
Property History for 542 Somerville Rd, Sunshine West, VIC 3020
- 24 May 2011Sold for $1,100,000
- 03 Apr 2010Listed for Sale 1080000
- 20 Jun 2009Listed for Sale Not Disclosed
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About Sunshine West 3020
The size of Sunshine West is approximately 9.6 square kilometres. It has 22 parks covering nearly 7.5% of total area. The population of Sunshine West in 2016 was 18580 people. By 2021 the population was 18552 showing a population decline of 0.2% in the area during that time. The predominant age group in Sunshine West is 30-39 years. Households in Sunshine West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine West work in a professional occupation.In 2021, 68.30% of the homes in Sunshine West were owner-occupied compared with 67.70% in 2016.
Sunshine West has 8,592 properties. Over the last 5 years, Houses in Sunshine West have seen a 18.78% increase in median value, while Units have seen a 11.89% increase. As at 31 December 2025:
- The median value for Houses in Sunshine West is $778,861 while the median value for Units is $572,939.
- Houses have a median rent of $500 while Units have a median rent of $490.
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