1, 6 Gloucester Avenue, Berwick, VIC 3806

Offices

Sold

  • Property ID: 440748
  • Floor Area: 100m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 27/03/2024 100m2 N/A Contact Agent
Triple Tenancy Gem!

Welcome to a golden investment opportunity that promises not just a property but a secure future for savvy investors. Presenting a commercial masterpiece boasting three separate tenancies, each contributing to a passing rent of $55,301.26! Seize the chance to diversify your portfolio and reap the rewards of this income-generating asset.

KEY FEATURES
Triple Tenancies:

Three independent spaces cater to diverse businesses, ensuring a steady flow of income streams.

Strategic Location:

Nestled in a high-traffic area, this property enjoys maximum visibility, attracting potential tenants and customers alike.

Financial Stability:

With a passing rent of $55,301.26, your investment is not just secure but primed for impressive returns.

Low Vacancy Risk:

Diversification across three tenancies mitigates the risk of vacancies, ensuring a consistent and reliable income.

Financial Snapshot:
Passing Rent: $55,301.26
Current Occupancy Rate: 100%

Growth Potential:

The strategic location and rental demand in the area indicate promising future appreciation.

Investment Highlights:
Steady Cash Flow: Enjoy a reliable and consistent income from three separate tenancies.
Diversification: Spread your risk across multiple sectors and tenants.
Value Appreciation: Benefit from the potential growth in the property's value over time.

Don't miss out on this rare chance to acquire a prime commercial property with a proven track record of success. Whether you're a seasoned investor or just starting your journey, this opportunity is a game-changer!

Contact Shannon Hynd on 0499 980 100 or Flynn McKenna on 0499 999 162 for further information or your inspection today.

Berwick Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $177 ---
Offices --- $329 ---
Retail --- $402 ---
This is the average advertised price, rent and yield for Berwick, VIC 3806*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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