96 and 96A High Street, BERWICK VIC 3806

Sold $1,587,500
Retail
Description

BERWICK VILLAGE INVESTMENT!

Retail Sold - BERWICK VIC

Two well positioned shops or offices in High Street (Main Street) Berwick. 96 currently tenanted and paying $50,912.40 pa incl gst and outgoings on a 3x3x3 year lease, 2nd year into the first term (reviewed Aug 15) yearly linked to CPI with market review every 3 years. 96A currently tenanted and paying $36,420 pa incl gst updated yearly linked to CPI with a market review every 5 years and ALL outgoings on a 5x5x5 year lease with tenant 3 years into the first term (reviewed Dec 15). Creating an outstanding investment opportunity to own these 2 investment properties on separate titles in a prime sought after location. Offering approximately 220 SQM of floor space with reverse cycle split air conditioning systems, 3 toilets, powder room and kitchenettes. Both properties totally Self Contained with Own Entrance from High Street. Inspections by appointment.

Property Features
  • Retail
  • Floor Area is 220 m²
Barry Erlenwein
Licensed Estate Agent / Director / OIEC
0409 324 180
(03)9707 3322
email: barry@justrealestate.com.au
Barry brings a wealth of knowledge and a weight of real estate experience gained over 30 years to his role as a real estate agent. As a former Group Sales Manager for a large, independent real estate group, Barry has twice received Sales Manager of the Year among his many real estate industry awards.
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