– 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

Property Code: 1294