55 HIGH STREET,
Berwick, VIC 3806

Shops & Retail

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QUALITY INVESTMENT - SECURE TENANT

An exceptional opportunity to secure this outstanding 2 level commercial investment property in Berwick's premier shopping and dining precint. Currently leased by long term tenant "Shanikas Restaurant" (approximately 18 years) with 5 x Five year options. Details include, land area 363.4m2, Building area 383.75m2 plus balcony and alfresco. $ 98,349.00 return per annum plus GST and outgoings and annual reviews. A well located premises situated in one of Melbourne's tightly held and fastest growing districts. Terms of Sale 10% deposit, Balance 60 days. For further details phone for property report.

Contact Graeme Curtis 0419 538 9... or Ross Neilson 0418 331 696.

Berwick, 3806 demographic data

The median household income for Berwick is $2,113, 11% higher than Greater Melbourne's household income of $1,901. Berwick has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 60% of property owners in Berwick have a mortgage.

50,298

Population

$2,113 per week

Median household income

38 years

Median age

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