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71-75 High St 3,767 SF 100% Leased Retail Building Berwick, VIC 3806 $1,517,137 ($402.70/SF)



Investment Highlights
- Iconic two-level Tudor-style commercial building in Berwick Village.
- Zoned Commercial 1 (C1Z) allowing for retail, office, or mixed-use development (STCA).
- Prime location near cafés, boutiques, Berwick train station, and Princes Freeway access.
- Substantial 1,034 m² landholding across two titles with dual street frontage.
- Includes 28.7 car parking credits, enhancing development flexibility.
Executive Summary
A rare opportunity exists to acquire one of Berwick’s most iconic commercial properties, a distinctive two-level Tudor-style building prominently positioned in the heart of Berwick Village. This landmark property sits on a substantial 1,034 m² landholding across two titles, offering dual street frontage to High Street and Paternoster Lane for exceptional visibility and access.
The ground floor is fully leased to three established tenants, generating a combined rental income of $107,131.50 per annum, while the first floor remains vacant, providing scope for an owner-occupier or value-add investor. Zoned Commercial 1 (C1Z) under the Casey Planning Scheme, the property supports a wide range of uses including retail, office, or potential mixed-use development (STCA).
Further enhancing its development credentials, the property includes 28.7 car parking credits and benefits from its prime location within Berwick’s vibrant retail and dining precinct. Surrounded by popular cafés, boutiques, and professional services, and within close proximity to Berwick train station and the Princes Freeway (M1), this property offers a compelling combination of immediate income and long-term growth potential.
The ground floor is fully leased to three established tenants, generating a combined rental income of $107,131.50 per annum, while the first floor remains vacant, providing scope for an owner-occupier or value-add investor. Zoned Commercial 1 (C1Z) under the Casey Planning Scheme, the property supports a wide range of uses including retail, office, or potential mixed-use development (STCA).
Further enhancing its development credentials, the property includes 28.7 car parking credits and benefits from its prime location within Berwick’s vibrant retail and dining precinct. Surrounded by popular cafés, boutiques, and professional services, and within close proximity to Berwick train station and the Princes Freeway (M1), this property offers a compelling combination of immediate income and long-term growth potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,767 SF
Building Class
C
Price
$1,517,137
Price Per SF
$402.70
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.26 AC
Frontage
61’ on High Street
Amenities
- Signage
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71-75 High St
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