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McGrath - Blackburn

2/37 Simcock Street Somerville, VIC 3912

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2/37 Simcock Street,
Somerville, VIC 3912

Warehouse, Factory & Industrial

Key property information

Floor area

Tenure type

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McGrath - Blackburn
Dimitri Tantanis

McGrath - Blackburn

17 Blackburn Road
BLACKBURN, VIC 3130
04258636...
McGrath - Blackburn
2/37 Simcock Street
Somerville, VIC 3912

Map of 2/37 Simcock Street

Directions

Secure Investment Opportunity

A rare opportunity has presented itself to purchase an amazing factory in a very tightly held area of Somerville. The factory's total building area is approx 168m2 and is currently tenanted to a very reputable local business

This also gives you the opportunity to purchase as a "Going Concern" therefore being no GST applicable on the sale.

Key features include:

* Total Building area: 168sqm
* 3 parking spaces
* Separate office space
* One motorized roller door
* 3 Phase power supply
* Bathroom, shower and toilet
* Tenanted until 01/05/2027 with a further 3 year option returning a very modest * $23,461.29 PA + GST + Outgoings

Somerville, 3912 demographic data

The median household income for Somerville is $1,781, 6% lower than Greater Melbourne's household income of $1,901. Somerville has an older age profile compared to the rest of Greater Melbourne (median age 40 vs 37). Property ownership data shows 57% of property owners in Somerville have a mortgage.

11,767
Population
$1,781 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
McGrath - Blackburn
17 Blackburn Road
BLACKBURN, VIC 3130

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