Cameron, in conjunction with Facey Property, is delighted to present 88-94 High Street, Berwick for sale via expressions of interest.
This multi-tenanted landmark building enjoys a high-exposure, main road position at the center of Berwick's vibrant commercial hub. It houses 9 retail and professional services businesses, anchored by blue-chip tenant ANZ Bank Berwick.
Total building area: 1,344m²*
Total land area: 1,196m²*
Total rental return: $498,876 per annum plus GST & outgoings, with an additional upside of approximately $132,000 per annum plus GST & outgoings.
Investment Highlights:
Landmark building in Berwick's tightly held commercial hub
Main road exposure with dual street access
Commercial 1 zoning
Total rental return: $498,876 per annum plus GST & outgoings
Additional upside of approximately $132,000 per annum plus GST & outgoings
Solid, long-standing tenancies underpinned by ANZ Bank Berwick
Less than 1 km from Berwick Station
Close to all amenities
6 x rear car spaces on title
Close proximity to huge, communal car park
Exceptional connectivity via Princes Hwy, Clyde Road, and Monash Freeway
Close to Berwick's residential catchment
45 minutes to the Mornington Peninsula
45 minutes to Melbourne's CBD via Monash Freeway
Easy access to surrounding industrial precincts
Expressions of interest close on Thursday, 27th June at 4:00 pm. Contact the listing agents to find out more and to inspect.
*Approximate
**Outlines indicative only