38 Enterprise AvenueBerwick VIC 3806
Property Details for 38 Enterprise Ave, Berwick
Last Listing description (October 2017)
Shape up with this fantastic investment within Berwick's tightly held commercial precinct.
38 Enterprise Avenue presents a fit addition to your property portfolio. The tenant, EnVie Fitness has a current five-year lease which commenced in April 2016, with a passing annual rent of approximately $29,214 per annum plus GST and outgoings.
Sitting pretty on Enterprise Avenue, the property is accessed off Clyde Road and is only minutes to High Street, Princes Highway, and Monash Freeway. The space is occupied by EnVie Fitness Berwick, a successful female only gym and franchise.
Auction: Thursday 31st August, 1pm
Income: $29,214pa + GST & O/Gs
Property History for 38 Enterprise Ave, Berwick, VIC 3806
- 22 Oct 2025Sold for $900,000
- 02 May 2023Transferred
- 31 Aug 2017Sold for $591,000
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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 23,700 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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