Stonebridge Property Group is pleased to present 1 Beaconsfield Court, Somerville, for sale via Public On-site Auction.
Key highlights of the opportunity include:
- A prime block of 8 self-contained studios with on-site car parking, meticulously designed to cater to the residential rental supply in the highly sought-after Somerville shopping precinct
- 7/8 studio apartments are currently leased to individual tenants, that generates a total annual rental income of $124,800*
- Apartments have been furnished with top-range appliances and finishes, suiting for young professionals, down-sizers, or retirees
- Strategic retail location, positioned directly opposite Somerville Central and Somerville Plaza, anchored by Target, Coles, Woolworths, McDonald’s, and Direct Chemist, alongside additional 38+ specialty retailers
- Somerville’s median house price at $847,500, with a 5.9% increase over the past 12 months^
- Highly amenities area boasting Somerville Recreation Centre (400 m*), Somerville Recreation Reserve (1.3 km*), Mornington Tourist Railway (5.8 km*), Mornington Racecourse (11.2 km*), and Mornington Golf Club (12 km*)
- Excellent transport linkages with bus stops along Eramosa Road West and Somerville Station just 1 km* away
- Immediate access to major arterials, including Frankston-Flinders Road, Coolart Road, Mornington Peninsula Fwy (3.7 km*) and Moorooduc Hwy (5.5 km*)
1 Beaconsfield Court, Somerville is for sale via Public On-site Auction Thursday 27th March 2025 at 10 AM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 341
Max Warren
0488 296 892
Ian Lam æž—ç…’å³»
0416 621 859
*Approximately
^ Source: Realestate.com.au
Property Code: 1173
Remember to mention you found this property on CommercialReady
Stonebridge Property Group is pleased to present 1 Beaconsfield Court, Somerville, for sale via Public On-site Auction.
Key highlights of the opportunity include:
- A prime block of 8 self-contained studios with on-site car parking, meticulously designed to cater to the residential rental supply in the highly sought-after Somerville shopping precinct
- 7/8 studio apartments are currently leased to individual tenants, that generates a total annual rental income of $124,800*
- Apartments have been furnished with top-range appliances and finishes, suiting for young professionals, down-sizers, or retirees
- Strategic retail location, positioned directly opposite Somerville Central and Somerville Plaza, anchored by Target, Coles, Woolworths, McDonald’s, and Direct Chemist, alongside additional 38+ specialty retailers
- Somerville’s median house price at $847,500, with a 5.9% increase over the past 12 months^
- Highly amenities area boasting Somerville Recreation Centre (400 m*), Somerville Recreation Reserve (1.3 km*), Mornington Tourist Railway (5.8 km*), Mornington Racecourse (11.2 km*), and Mornington Golf Club (12 km*)
- Excellent transport linkages with bus stops along Eramosa Road West and Somerville Station just 1 km* away
- Immediate access to major arterials, including Frankston-Flinders Road, Coolart Road, Mornington Peninsula Fwy (3.7 km*) and Moorooduc Hwy (5.5 km*)
1 Beaconsfield Court, Somerville is for sale via Public On-site Auction Thursday 27th March 2025 at 10 AM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 341
Max Warren
0488 296 892
Ian Lam æž—ç…’å³»
0416 621 859
*Approximately
^ Source: Realestate.com.au
Property Code: 1173
Remember to mention you found this property on CommercialReady
1 Beaconsfield Court, Somerville, VIC, 3912