Must-Sell Opportunity – Co-Working Office Space Business – Somerville VIC – Only $15,000 Including Furniture! [2409161]
Step into a Fully Set-Up, Low-Overhead Co-Working Business in the Heart of Somerville
The current owner needs it SOLD ASAP and has priced it for a quick sale at just $15,000 – including all furniture!
Inclusions:
- Desks, chairs, boardroom table, screen – complete fit-out ready to go
- 4 private office spaces plus a boardroom/training area
- Flexible layout: large office can be split into two; boardroom easily converted into additional office
- High-traffic location in Somerville Central
- Ideal for an owner-operator needing their own space, a side hustle, or a passive investor
Financial Snapshot:
- Current Monthly Revenue: $4,460
- Fully Leased Potential Revenue: $6,050/month
- Current Outgoings: $4,011.02/month
- Current Annual Profit: $24,468
Optimised Scenarios:
- Convert boardroom into office: $44,868/year profit
- Split Office 4 into two: $37,668/year profit
- Convert all spaces to private offices: $58,068/year profit
Office Breakdown:
- Office 1: Vacant (Potential: $1,200–$1,430/month)
- Office 2: $1,430/month (leased to August)
- Office 3: $1,430/month (leased to August)
- Office 4: $1,600/month (currently on 3-month trial), increasing to $1,760/month (12-month lease)
- Boardroom: Currently earning $100+GST/month – easily repurposed to generate higher income
Monthly Outgoings:
- Rent & Outgoings: $3,716.02
- Electricity: $180
- Wi-Fi: $115
- Total: $4,011.02/month
Key Highlights:
- Price includes all furniture and setup – walk in and start earning
- Minimal ongoing costs
- Prime location for professionals, consultants, or small teams
- Strong upside with flexible layout and multiple revenue strategies
For more information and inspection, please contact
Agent: Jennifer
Mobile:
Email:
Office:
Web: www.ngbsm.com.au
****Sales Rep required**** For further information please contact us at
Property Code: 1448
For more details, please email broker or call agents.