$800,000 - $880,000

It's Addressed:

This is the perfect opportunity for investors or business owners to secure prime commercial property in the heart of Somerville. With spacious frontage, high exposure on Eramosa Road, and ample customer parking, this property offers endless potential. The property spans 228m² approx., providing plenty of room to bring your business vision to life. Imagine your business thriving here – whether it’s a café, law firm, tax accounting service, or any other business you have in mind. The possibilities are endless, and the location is unbeatable. Located in the vibrant and growing Somerville community, surrounded by major retailers such as Coles and Aldi, and with a strong local customer base, your business is set for success. The property is just steps from the Somerville Library, medical centers, schools, and only a short distance to the Somerville industrial area, ensuring constant foot traffic and a stable customer base. Only 1 hour approx. from Melbourne CBD, this property offers excellent connectivity, making it easily accessible via Frankston-Flinders Road, Peninsula Link, Western Port Highway, and other major roads. Estimated rental income: $48,000 + GST + outgoings per annum.

Key Features:
High exposure on a busy main road
228m² approx. of commercial space
Current tenant: Bakery Café with a 5-year lease (commenced Feb 2024)
Rental income: $48,000 + GST + outgoings per annum
Surrounded by national retailers, medical centers, and local amenities

For more Real Estate in Somerville contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.