13 Blackburne SquareBerwick VIC 3806
Property Details for 13 Blackburne Sq, Berwick
Last Listing description (January 2021)
Here's your chance to add a prestigious Berwick Village commercial investment to your portfolio. This rare two level building on a single title with two tenancies should excite the savvy investor.
Located on the sought after North side of High Street in prestigious Berwick Village, the building has plenty of parking and in centred in a bustling retail precinct. The property has easy access via both Blackburne Square and a rear access on Paternoster Lane. Berwick's evolving with the much anticipated 'one Lyall' development now underway is sure to continue Berwick's title as Casey's commercial centre.
Currently tenancies return an income of $61,700. Autumn Rose is securely let to June 2022 and The Tonic Tree has a new 3 year lease ending September 2023.
This investment is for sale by way of Expression of Interest closing 3 December 2020 at 5pm.
To arrange a Covid safe inspection contact Cameron Jay 0488 335 388. Facey Property, with an established reputation based on honesty and professionalism, is eager to service your property needs. Contact us on 9701 4455 or enquire at www.faceyproperty.com.au to make your next move.
Property History for 13 Blackburne Sq, Berwick, VIC 3806
- 08 Dec 2020Sold for $1,110,000
- 20 Oct 2020Listed for Sale Contact Agent
- 11 Apr 2001Sold for $350,000
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0About 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 23,701 properties. Over the last 5 years, Houses in Berwick have seen a 24.47% increase in median value, while Units have seen a 33.22% increase. As at 31 March 2026:
- The median value for Houses in Berwick is $998,877 while the median value for Units is $747,397.
- Houses have a median rent of $620 while Units have a median rent of $560.
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