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86 Somerville Road Yarraville VIC 3013

  • Shop & Retail
  • 308 m²
  • Commercial Auction

Prominent Yarraville Site with Enormous Upside

    Ray White Commercial Ferntree Gully is delighted to present For Sale by way of Public Auction On Site, this versatile retail / office / professional services property which is located just a few minutes from Yarraville Station.

    Enjoying maximum exposure to busy Somerville Road, this corner property is set over two (2) levels with access from both Somerville Road and Gamon Street. Currently configured to include a large retail space on the ground floor that is complete with kitchenette and toilet facilities, there is also currently a retail space accessed from Gamon Street. The upstairs area currently houses a relaxation massage business and includes a kitchen, bathroom with shower and a covered alfresco area with an open balcony. Features include split system air conditioning, polished floor boards, two (2) kitchen areas and toilet facilities on both floors.

    Plenty of free parking is available in Gamon Street and a convenient lane runs along the rear of the property. An added bonus is the freehold ownership with no body corporate obligations.

    Property Features Include:-

    • Building Area 308sqm*
    • Land area 188sqm*
    • Potential Fully leased net income of $105,000/annum*
    • Freehold Possession
    • Ample Parking
    • Dual Street Access
    • Versatile Floor Plan
    • Close to Yarraville Station
    • Mixed Use Zone - possible development upside^

    *Approximate
    ^STCA

    AUCTION

    Auction date and time20/05/2021 12:30
    Auction location86 Somerville Road, Yarraville VIC
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully

    Property Highlights

    Property ID2016923523
    Floor Area308 m²
    Land Area188 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  7 May 2021
    Map for 86 Somerville Road Yarraville VIC 3013
    Map for 86 Somerville Road Yarraville VIC 301386 Somerville Road Yarraville VIC 3013
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully

    Property Highlights

    Property ID2016923523
    Floor Area308 m²
    Land Area188 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  7 May 2021
    Ray White Commercial Ferntree Gully
    Unit 5, 1849 Ferntree Gully Rd Ferntree Gully VIC 3156
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Mitch Rosam
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully
    Paul Waterhouse
    Ray White Commercial Ferntree Gully

    Ask Mitch Rosam about this property

    Mitch Rosam

    Mitch Rosam

    Ray White Commercial Ferntree Gully

    Paul Waterhouse

    Paul Waterhouse

    Ray White Commercial Ferntree Gully

    0402 *** ***
    0402 355 805

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