Property Details for 5 Grenache Ave, Berri
5 Grenache Ave, Berri is a 10 bedroom, 5 bathroom Unit with 5 parking spaces.
Last Listing description (November 2019)
Seeking return on money for investment-this is it! Approximately 9% Gross Return!!
Low maintenance, zoned residential and located close to Hospital and Berri Medical.
The property consists of 5, 2 bedroom double brick units, open living with kitchen, meals and lounge.
Utilities are combined with bathroom, toilet, laundry, each unit has reverse cycle Air conditioning and residents carport near the individual unit.
Small courtyard at the rear of 3 units. Council Rates - $387.25 per quarter per unit.
All 5 units have long-term tenancies.
This investment offers Good returns-Rent $190p.w.
Enquire today and watch your investment grow!
Contact Michelle Jay 0400299429 for further information
Property History for 5 Grenache Ave, Berri, SA 5343
- 27 Sep 2018Listed for Sale $515,000
Recent sales nearby
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0About Berri 5343
The size of Berri is approximately 12.1 square kilometres. It has 44 parks covering nearly 25.5% of 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 2,376 properties. Over the last 5 years, Houses in Berri have seen a 87.01% increase in median value, while Units have seen a 79.57% increase. As at 31 January 2026:
- The median value for Houses in Berri is $398,805 while the median value for Units is $367,253.
- Houses have a median rent of $400 while Units have a median rent of $250.
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