98-100 High StreetBerwick VIC 3806
Property Details for 98-100 High St, Berwick
Last Listing description (September 2024)
Landmark Opportunity on High-Profile Corner Location
Land Area: Approximately 105m²
Building Area: Approximately 210m²
Lease Term: Final 3 year term commenced March 2024
Rent: $98,000 per annum plus GST
Outgoings: Payable by tenant
Consistently operating as an estate agency since the 1960's, the location is undoubtedly blue chip. Situated on a prominent corner, this property is ideal for investors or a potential owner-occupier with an eye to the future looking to secure a prestigious address.
Appeal is enhanced by the surrounding high-quality buildings and established tenants. Just 900 meters from Berwick Train Station, it also offers easy access to the M1 Freeway and major connecting roads, ensuring excellent connectivity and convenience.
Contact Daniel Mirabito on 0402 258 353 for further information.
Auction - Thursday 12th September at 1pm (on site)
Property History for 98-100 High St, Berwick, VIC 3806
- 12 Sep 2024Sold for $3,000,000
- 14 Aug 2024Listed for Sale Contact Agent
- 22 Aug 2023Transferred
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0About Berwick 3806
The size of Berwick is approximately 33.6 square kilometres. It has 72 parks covering nearly 10.3% of total area. The population of Berwick in 2011 was 44,779 people. By 2016 the population was 47,677 showing a population growth of 6.5% in the area during that time. The predominant age group in Berwick is 40-49 years. Households in Berwick are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berwick work in a professional occupation. In 2011, 78% of the homes in Berwick were owner-occupied compared with 75.4% in 2016.
Berwick has 23,333 properties. Over the last 5 years, Houses in Berwick have seen a 32.90% increase in median value, while Units have seen a 29.56% increase. As at 31 October 2024:
- The median value for Houses in Berwick is $925,189 while the median value for Units is $678,185.
- Houses have a median rent of $600 while Units have a median rent of $530.
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