Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

Building 9, 5 Speedwell Street, Somerville, VIC, 3912

+11 Photos
/
Images
Close

Building 9, 5 Speedwell Street, Somerville, VIC, 3912

Somerville

×
Sold Check
+13 Photos

Building 9, 5 Speedwell Street, Somerville, VIC, 3912

Somerville

SOLD
Building 9, 5 Speedwell Street, Somerville, VIC, 3912

Building 9, 5 Speedwell Street, Somerville, VIC, 3912

Properties / Sold / Victoria / Somerville
Vacant Possession
Selling Method
Auction
Selling Details
Contact the Stonebridge Team
Floor Area
216 m² (*approx)
Property Type
Industrial, Other, Offices
Sub-type
Office/Warehouse
Est. Income
$27,000 p/a
Car Spaces
4
Show All
Inner-Metro High-Clearance Industrial Warehouse - Tightly Held Somerville Precinct Offered with Vacant Possession
  • Vacant Possession / Short-Term Income
  • Ideal for Owner Occupier
  • Ideal for Trades, Builders & Ecommerce

Stonebridge Property Group is pleased to present for sale Building 9, 5 Speedwell Street, Somerville.

Situated in the tightly held inner-metro industrial precinct of Somerville, Building 9, 5 Speedwell Street benefits from its immediate proximity to major road arterials and distance to the Somerville retail precinct.

The property is a modern warehouse/office offered with vacant possession, complete with clearance roller door and 4 car parks.

Key highlights of the property include:

- Existing improvements comprise a modern commercial fit-out complete with a high clearance warehouse, separate office spaces with reverse cycle-air-conditioning, well-equipped kitchenette, and a 5 m* motorised roller door for expansive open factory space

- 4 secure car parks on title outside your property at-grade

- Flexible Industrial 3 Zoning (IN3Z) allows for a range of uses including warehouse, office, industrial, manufacturing (STCA)

- Ideal for owner occupiers and/or investors, offered with a short-term lease expiring in July 2025 and currently returning $27,000 + Outgoings

- No GST applicable on the purchase

- Perfect for builders, general trades, ecommerce/online business, coffee roaster, offices, gym, warehouse, office/showroom, packaging and/or many other uses

- Positioned to benefit from the amenities in Grant Road precinct noting the various cafés (including in the industrial park), gyms and large format retail

- Immediate access to major arterials including Frankston-Flinders Road (900 m*), Baxter-Tooradin Road (2.3 km*), Mornington Peninsula Fwy (4.4 km*), and Somerville Station (1 km*)

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 林煒峻

0416 621 859

*Approximately

Property Code: 1211

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession
Vacant Possession

5 Speedwell Street Investment Summary

Property Type
Industrial, Other, Offices
Sub-type
Office/Warehouse
Est. Income
$27,000 p/a
Floor Area
216 m² (*approx)
Car Spaces
4
Selling Method
Auction
Auction Date
16 Apr 2025 10:00AM
Selling Details
Contact the Stonebridge Team

Investment Highlights

Inner-Metro High-Clearance Industrial Warehouse - Tightly Held Somerville Precinct Offered with Vacant Possession
  • Vacant Possession / Short-Term Income
  • Ideal for Owner Occupier
  • Ideal for Trades, Builders & Ecommerce

Stonebridge Property Group is pleased to present for sale Building 9, 5 Speedwell Street, Somerville.

Situated in the tightly held inner-metro industrial precinct of Somerville, Building 9, 5 Speedwell Street benefits from its immediate proximity to major road arterials and distance to the Somerville retail precinct.

The property is a modern warehouse/office offered with vacant possession, complete with clearance roller door and 4 car parks.

Key highlights of the property include:

- Existing improvements comprise a modern commercial fit-out complete with a high clearance warehouse, separate office spaces with reverse cycle-air-conditioning, well-equipped kitchenette, and a 5 m* motorised roller door for expansive open factory space

- 4 secure car parks on title outside your property at-grade

- Flexible Industrial 3 Zoning (IN3Z) allows for a range of uses including warehouse, office, industrial, manufacturing (STCA)

- Ideal for owner occupiers and/or investors, offered with a short-term lease expiring in July 2025 and currently returning $27,000 + Outgoings

- No GST applicable on the purchase

- Perfect for builders, general trades, ecommerce/online business, coffee roaster, offices, gym, warehouse, office/showroom, packaging and/or many other uses

- Positioned to benefit from the amenities in Grant Road precinct noting the various cafés (including in the industrial park), gyms and large format retail

- Immediate access to major arterials including Frankston-Flinders Road (900 m*), Baxter-Tooradin Road (2.3 km*), Mornington Peninsula Fwy (4.4 km*), and Somerville Station (1 km*)

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 林煒峻

0416 621 859

*Approximately

Property Code: 1211

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession

Finance Calculator

Building 9, 5 Speedwell Street, Somerville, VIC, 3912

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:

Property price based on our
internal data modelling and market trends.

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of Building 9, 5 Speedwell Street, Somerville, VIC, 3912

Property Map
Building 9, 5 Speedwell Street, Somerville, VIC, 3912 Somerville
calculator-icon Yield Calculator
calcultor-icon Yield Calculator