38-40 Berry Street,
Clifton Hill, VIC 3068
Shops & Retail
Price information
Sale - Auction Thu 3 Oct
$1,000,000 - $1,100,000
Key property information
Land area
Floor area
Auction
Private inspections
to arrange a private inspection.
Map of 38-40 Berry Street
Train stations within 5 km of 38-40 Berry Street, Clifton Hill, VIC 3068 Distance Clifton Hill Station 195 m Rushall Station 844 m Westgarth Station 920 m Victoria Park Station 1.2 km Merri Station 1.3 km POWERED BY HERE ©Tram stops within 5 km of 38-40 Berry Street, Clifton Hill, VIC 3068 Distance 24-Michael St/Queens Pde (Clifton Hill) 579 m 26-Walker St/High St (Northcote) 599 m 24-Gold St/Queens Pde (Fitzroy North) 624 m 22-Smith St/Queens Pde (Clifton Hill) 1 km 21-Alexandra Pde/Smith St (Clifton Hill) 1.2 km POWERED BY HERE ©Bus stops within 5 km of 38-40 Berry Street, Clifton Hill, VIC 3068 Distance Clifton Hill Railway StationHoddle St 232 m North Tce/Hoddle St (Clifton Hill) 330 m Hoddle St/North Tce (Clifton Hill) 338 m Fenwick St/Heidelberg Rd (Clifton Hill) 434 m Dwyer St/Heidelberg Rd (Clifton Hill) 494 m POWERED BY HERE ©
POWERED BY HERE ©
Two Secure Tenancies on One Title in a Tightly held Enclave of Clifton Hill with Upside!
- Secure Leases to Established Tenants
- Diverse/Affordable Commercial Investment
- First Time Offered in 38 Years
Castran is privileged to offer 38 Berry Street and 40 Berry Street, Clifton Hill, for sale via Public Auction.
This is the first time this total holding has been offered to the market in over 38 years, highlighting the enduring and exclusive nature of this retail investment and enclave of Clifton Hill.
• New leases have just been entered into with both of the existing well-established
tenants, including ‘Hair Star Studio’, which has been operating successfully from 40
Berry Street for over 30 years.
The property generates a combined total approx. income of $52,800 per annum plus
GST from both tenancies, providing a stable and consistent revenue stream.
• Two separate leases are in place with two highly regarded tenants, all under one title,
offering a secure investment opportunity.
• The property offers significant flexibility and future potential, with the opportunity to
add value (STCA) due to its generous frontage to Berry Street and rear road access, providing dual street frontage.
• The location benefits from excellent accessibility, being less than 200 metres from
Clifton Hill train station, providing outstanding connections to Melbourne’s CBD and
the inner northern suburbs.
• Situated in a tightly held pocket of Clifton Hill, a suburb known for fostering key
businesses that serve the local community, this property offers a rare opportunity in a
sought-after location.
• The total landholding spans approx. 266m², with a substantial frontage to Berry
Street of approx. 10.35m, enhancing its development potential.
38 & 40 Berry Street are to be sold as one via Public Auction held on-site at 12 pm AEST on Thursday 3rd October.
For further information, please contact one of our exclusive selling agents.
This is the first time this total holding has been offered to the market in over 38 years, highlighting the enduring and exclusive nature of this retail investment and enclave of Clifton Hill.
• New leases have just been entered into with both of the existing well-established
tenants, including ‘Hair Star Studio’, which has been operating successfully from 40
Berry Street for over 30 years.
The property generates a combined total approx. income of $52,800 per annum plus
GST from both tenancies, providing a stable and consistent revenue stream.
• Two separate leases are in place with two highly regarded tenants, all under one title,
offering a secure investment opportunity.
• The property offers significant flexibility and future potential, with the opportunity to
add value (STCA) due to its generous frontage to Berry Street and rear road access, providing dual street frontage.
• The location benefits from excellent accessibility, being less than 200 metres from
Clifton Hill train station, providing outstanding connections to Melbourne’s CBD and
the inner northern suburbs.
• Situated in a tightly held pocket of Clifton Hill, a suburb known for fostering key
businesses that serve the local community, this property offers a rare opportunity in a
sought-after location.
• The total landholding spans approx. 266m², with a substantial frontage to Berry
Street of approx. 10.35m, enhancing its development potential.
38 & 40 Berry Street are to be sold as one via Public Auction held on-site at 12 pm AEST on Thursday 3rd October.
For further information, please contact one of our exclusive selling agents.
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Property ID: 504682680Last Updated: 12 Sep 2024
Castran - Head Office
Level 1, 145 Toorak RoadSOUTH YARRA, VIC 3141
38-40 Berry Street
Clifton Hill, VIC 3068
Castran - Head OfficeLevel 1, 145 Toorak Road
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141