1/29 Vaughan TerraceBerri SA 5343
Property Details for 1/29 Vaughan Tce, Berri
Last Listing description (January 2020)
Situated in the heart of the Berri CBD and with excellent street exposure, these two modern business units present an awesome commercial investment opportunity for the single investor or a group. Units 1 and 3 comprise approximately 46% of the total address with monthly strata fees providing support services to the buildings shared facilities.
Unit 1 is currently tenanted to Service SA on a 5 + 5 year right of renewal basis, and the neighbouring Unit 2 is occupied by Housing SA but is not part of this package. However with both downstairs units currently occupied and providing essential Government functions to the Riverland, the daily exposure to the areas residents makes the available vacant upstairs unit 3 a sound business location.
Also on offer is access to the secure underground parking garage with an automatic roller door and entry from the main street. Customer parking is plentiful with local council maintained angled parking zones directly out the front of the main building.
With a potential 9% or $60,000 annual return this package certainly has plenty to offer, especially given the low returns currently available from our regular financial institutions. So if you have been looking for an awesome commercial investment then make this package your first priority!
Property History for 1/29 Vaughan Tce, Berri, SA 5343
- 19 Jun 2026Sold for $262,500
- 30 Oct 2023Transferred
- 30 Oct 2023Transferred
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0About Berri 5343
The size of Berri is approximately 12.1 square kilometres. There are 44 parks, covering nearly 25.5% of the total area. The population of Berri in 2016 was 4088 people. By 2021 the population was 4143 showing a population growth of 1.4% in the area during that time. The predominant age group in Berri is 20-29 years. Households in Berri are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Berri work in a labourer occupation.In 2021, 54.50% of the homes in Berri were owner-occupied compared with 53.30% in 2016.
Berri has 2,385 properties. Over the last 5 years, Houses in Berri have seen a 87.55% increase in median value, while Units have seen a 87.75% increase. As at 31 May 2026:
- The median value for Houses in Berri is $412,300 while the median value for Units is $373,472.
- Houses have a median rent of $420 while Units have a median rent of $295.
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