Main Road Landmark Investment Opportunity
- Multi-tenanted investment with upside
- Landmark building
- Long-standing tenants including ANZ Bank
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