First National Neilson Partners Commercial have had some great results in the suburb of Berwick over the first few months of 2024.
Read on as we share some of those fantastic results and the successful transactions plus the upcoming commercial real estate opportunities.
A small offering toward the top of Berwick High Street which was leased to a local operator who is running a food/grazing box operation called The Grazing House.
This space was leased for a rate above the Berwick suburb average of $600psm.
1/9 Gloucester Avenue, Berwick
A high quality brand new build on the ground floor of the mixed use development known as “Oak”.
A long term lease has been signed by quality Australian Tenant Cosmetic Avenue who are a cosmetics and beauty based business.
While the market for first floor offices is very competitive and with a new build coming up next door we leased the large open plan office space to a local operation seeking high quality office space with strong services for their church organisation.
A very competitive listing due to the scarcity of Berwick Industrial properties. A well cared for and preserved property this received a lot of interest from the market.
This leased to Bermuda Coffee Roasters who will open their new head office from the property.
Another small retail offering this time toward the bottom of Berwick's High Street.
Leased well above the asking price, again demonstrating the strong demand for Berwick commercial retail real estate.
UPCOMING COMMERCIAL LISTINGS FOR SALE AND LEASE
9 Loveridge Walk, Berwick
A ground floor retail offering just off High Street up the popular Loveridge Walk laneway.
The corner premises has amazing signage opportunities and will be a hot prospect for retailers when it hits the market.
2/9 Gloucester Ave, Berwick
This large first floor office is also situated in the ‘Oak’ mixed development.
This property has excellent features and as it is brand new we anticipate it to either sell or lease very quickly.
Our office has had great success in the Berwick marketplace and if you have Commercial property in the area, please feel free to reach out to the team at First National Commercial Neilson Partners direct, who would be ore than happy to assist.