15 Langmore LaneBerwick VIC 3806
Property Details for 15 Langmore Lane, Berwick
Last Listing description (February 2018)
SOLD!
Exceptionally well located this commercial investment demands your attention.
Leased on a five (5) year term to MIA Victoria. Renewed in 2005, 2010 & 2015 this radiology Clinic has been associated with 15 Langmore Lane since back in 2001 when they occupied Suites 2 & 3. Currently returning $156,773pa plus Outgoings the three individual suites have been leased as one since 2005. Annual increases to 4% keep this property ticking over. 14 car parks on site at rear and within Berwick's commercial heart you can not find a better positioned piece of real estate.
Property History for 15 Langmore Lane, Berwick, VIC 3806
- 06 Dec 2017Sold for $3,175,000
- 02 Nov 2017Listed for Sale Not Disclosed
- 06 Apr 2011Sold for $2,140,000
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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 23,737 properties. Over the last 5 years, Houses in Berwick have seen a 31.14% increase in median value, while Units have seen a 25.23% increase. As at 31 December 2025:
- The median value for Houses in Berwick is $985,202 while the median value for Units is $701,844.
- Houses have a median rent of $620 while Units have a median rent of $560.
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