, Berwick VIC 3806

OLD BERWICK LOCATION High Performing Asset with Immediate Returns

House
Type
9
Bedrooms
3
Bathrooms
4
Parkings

Published on Tuesday, June 23, 2026 ( See property details for , Berwick VIC 3806)

$1,600,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile nine-bedroom share accommodation in a prime Berwick location offering strong rental returns and redevelopment potential.

🏡 Property Highlights

  • High rental income with approximately $2,900 per week, offering an 8% return on investment.
  • Nine spacious bedrooms, including a disability-enabled room with ensuite, ideal for diverse tenants.
  • Secure, independent entry for each bedroom with furnishings, ensuring privacy and convenience.
  • Prime location in a quiet, tree-lined street close to parkland, playgrounds, and public transport.
  • Potential redevelopment opportunity on a large allotment in a blue-chip Old Berwick locale.
  • Additional amenities include a double carport, lockup garage, garden shed, and security cameras.

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Home Office / Study
  • Pet-Friendly
  • Low-Maintenance Yard

Berwick is a highly sought-after suburb renowned for its family-friendly environment, excellent schools, and lush parklands. It offers a peaceful, tree-lined setting with convenient access to public transport, shopping precincts, and recreational facilities. The area boasts a strong community vibe, making it ideal for long-term tenants and investors alike. Its proximity to major transport links ensures easy connectivity to Melbourne CBD and surrounding regions.

What is the current rental income and potential for future growth?
The property currently grosses approximately $2,900 per week, with potential for rental growth depending on market conditions and occupancy rates.
Are there any planning or development restrictions on the large allotment?
Development options are subject to council approval (STCA), and it is recommended to consult with local planning authorities for specific restrictions.
What are the ongoing maintenance costs and management considerations?
Maintenance costs include grounds upkeep, security system management, and general property upkeep, with potential for professional property management to streamline operations.
Is the property compliant with all relevant building and safety standards?
The property is equipped with security cameras and features accessible bedrooms, but a detailed compliance check should be conducted prior to purchase.
What are the zoning and easement details for this property?
Zoning information and easements can be obtained from the local council; these details are essential for redevelopment or subdivision plans.
Are there any hidden costs associated with the property, such as upcoming maintenance or council rates? Has the property been inspected recently for structural issues or pest infestations? Are there any existing planning or development restrictions that could impact redevelopment plans? What are the specific zoning regulations and easements affecting the large allotment? Is the property located in a flood or bushfire-prone area, and what mitigation measures are in place? Are there any ongoing or upcoming construction projects nearby that could affect the property? What are the strata or body corporate arrangements, if applicable? Are there any noise or nuisance issues from neighboring properties? What are the long-term implications of using the property for shared accommodation? Is there any history of disputes or issues with tenants or neighbors?

, Berwick VIC 3806 - More Details

OLD BERWICK LOCATION High Performing Asset with Immediate Returns

Type
House
Bedrooms
9
Bathrooms
3
Parkings
4
Area
0.0

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