Impress in the Inner West

194, Somerville Road, KINGSVILLE, VIC, 3012

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117.00 m2

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Overview

High profile corner freehold with unlimited possibilities.

GrayJohnson is pleased to offer for sale by auction this vacant former bank building in Melbourne’s increasingly popular inner west.

Enjoying a prominent corner position in busy Somerville Road, this versatile building has many possibilities for an owner-occupier.

Most recently occupied by a medical group, the property is ideal for a healthcare facility, creative business, professional offices or hospitality use. Alternatively, it could be redeveloped or converted to residential^.

The main road location and opportunity for extensive signage will make your business highly visible to lifestyle-conscious residents in the surrounding suburbs of Yarraville, Seddon and Footscray.

The opportunity:
• Vacant commercial freehold of 117 sqm*
• Valuable corner landholding of 167 sqm*
• Two street frontages with rear off-street parking
• Excellent signage potential
• Lofty ceilings and ample natural light
• Scope to extend floor area^
• Favourable mixed-use zoning
• Affordable price point

The location:
• High exposure in main road location
• Vibrant inner-west position
• Just 6.5km* west of Melbourne CBD
• 2 minutes* to Yarraville Square boutique shops and supermarket and Yarraville train station
• Minutes to Westgate Freeway, Geelong Road/Princes Highway
• Popular area for first home buyers, couples and families

Auction Thursday 9 Mar @ 2 pm

Transaction Manager – Appel Property

*approx
^STPA

Key Details

Status

Sold

Type

Industrial/Warehouse

Contact

Rory White

Associate Director (melbourne)

rwhite@grayjohnson.com.au

0439 655 504

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Their interests are our priority

David Ellis

PAE Investments Pty Ltd

The asset management team helped us bring the building up to scratch, and we had plenty of interest, lots of inspections and positive feedback. We sold at the top of the range with multiple offers on the table. Senior Asset Manager, Marcel, was our key game player, Matt was a great coach & our long-term financial goal is on track.

Di & David Haggett

Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.

Peter Kirkpatrick

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To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.

Egbert Pereira

EPA Group Accountants

Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.

Tony Licciardi

Safetynet Investments

Thoroughly professional, they keep you informed through out the leasing process, they will do the hard yards to secure a tenant that will suit your premises. I cannot highly recommend GrayJohnson any more for they work hard to achieve the best outcome for their clients.

Edward McDermott

DCM Lawyers

GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.

Matt Marshall

Smart Freight

Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.

Trent O'Sullivan

Balance Advertising

I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.

Sonya Miller

Armitage Jones

We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.

Matt Power

Balance Property Partners

GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.

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