104 High Street, Berwick, VIC 3806 | Property Value & History | OnTheHouse
OFF MARKET

104 High Street
Berwick VIC 3806

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 356m2
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Property Details for 104 High St, Berwick

Building Type
Commercial
Land Size
356m2
Local Government
Casey
Lot/Plan
2/PS737346

Last Listing description (July 2021)

POINT OF INTEREST:

**OFFERS IN REVIEW

Currently trading as the contemporary Australian restaurant, this investment opportunity in Melbournes evolving south-east is ideally suited for those who are looking to have their cake and eat it too.

Occupied by the existing tenant since 2016 and trading as a restaurant since 2005, the property, rental income, successful operation and desirable location are all points that instil confidence in this freehold investment. Moments from major arterials and yet still retaining its rural atmosphere, Berwick might be part of the south-eastern growth corridor, but this hilly village located 43 kilometres from Melbournes CBD remains known for its long-established housing estates and wide leafy streets.

INVESTMENT DETAILS:
- Leased to Sandros Caf and Restaurant Bar
- $117,280.36 per annum +gst and outgoings
- 6 year lease with further 5 year option
- Commencement date:15th October 2019
- 3% annual increases + market review at options
- $32,252.09 bank guarantee + personal guarantee

PROPERTY DETAILS:
- Land area of353 sqm*
- Building area of 195 sqm*
- 125 sqm* alfresco dining (75 sqm* on title)
- Ducted heating and cooling throughout
- Berwick station within one kilometre

*Inspections: by appointment only

POINT OF VIEW:
Short and to the point: an investment opportunity in Melbournes bourgeoning south-east that will be picking up the cheque for itself for years to come.

*Approx.
Pricing excludes GST

Property History for 104 High St, Berwick, VIC 3806

A timeline of how this property has performed in the market
Last Sold
$2,100,000
03 Sep 2021
  • 03 Sep 2021
    Sold for $2,100,000
  • 07 May 2021
    Listed for Sale Contact Agent
  • 26 Oct 2015
    Transferred
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About Berwick 3806

The size of Berwick is approximately 33.6 square kilometres. It has 72 parks covering nearly 10.3% of total area. The population of Berwick in 2016 was 47674 people. By 2021 the population was 50298 showing a population growth of 5.5% in the area during that time. The predominant age group in Berwick is 40-49 years. Households in Berwick are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berwick work in a professional occupation.In 2021, 74.70% of the homes in Berwick were owner-occupied compared with 75.40% in 2016.

Berwick has 23,737 properties. Over the last 5 years, Houses in Berwick have seen a 32.35% increase in median value, while Units have seen a 26.63% increase. As at 30 November 2025:

  • The median value for Houses in Berwick is $980,760 while the median value for Units is $707,905.
  • Houses have a median rent of $620 while Units have a median rent of $560.
There are currently 97 properties listed for sale, and 49 properties listed for rent in Berwick on OnTheHouse. According to Cotality's data, 1166 properties were sold in the past 12 months in Berwick.

Suburb Insights for Berwick 3806

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.