29 Gatacre Dr, Somerville is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 2016. The property has a land size of 956m2 and floor size of 193m2.This Property is currently listed for sale with John Matthew & Sons
A one-off design built with quality materials and high-end finishes throughout this is the type of property that rarely comes to market.Leased to a corporate tenant with strong income now, and the option to move in mid-2026.Investment Snapshot Corporate tenant since July 2023 Lease expiry: July 2026 Rent: approx. $1,300+ per week (~$67,600 p.a.) Approx. 7.8% gross yield at $865,000 Rent review due July 2026 High-quality tenant profile Strong holding income with future flexibilityThe Home Built in 2017 modern brick & iron construction 4 queen-sized bedrooms with robes Large walk-in robe and ensuite to master 3 bathrooms inside + 4th shower & toilet in shed Open plan living plus separate family and theatre room Stone benchtops throughout Modern kitchen with dishwasher Excellent storage throughout 193m floor area (approx.)Land 956m block (approx.) Low-maintenance yard Comfort & Lifestyle Evaporative air-conditioning plus split systems throughout Multiple living zones for families or executive living Low-maintenance yard Close to airport, schools, shops and recreational facilitiesThe Extras That Set It Apart Four car lock-up garage Approx. 70sqm powered shed lined and insulated 956m block space and flexibility Quality build with a unique, standout designOutgoings Council rates: $3,926.04 p.a. (2026/2027) Water connection: $300 p.a.High-quality homes with corporate leases are tightly held. You get strong income today, a well-maintained modern build, and the flexibility to move in or re-lease in 2026. This is a rare combination of lifestyle and investment.Secure This OpportunityContact Iris Haynes on 0420 471 461 for further details or to arrange your inspection.
The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15.0% of total area. The population of Somerville in 2016 was 4156 people. By 2021 the population was 4165 showing a population growth of 0.2% in the area during that time. The predominant age group in Somerville is 0-9 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, 59.50% of the homes in Somerville were owner-occupied compared with 59.00% in 2016.
Somerville has 1,834 properties. Over the last 5 years, Houses in Somerville have seen a 41.85% increase in median value, while Units have seen a 83.28% increase. As at 31 March 2026:
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