602 MOUNTAIN HIGHWAY, Bayswater, VIC 3153

Offices | Retail | Showrooms

Sold

  • Property ID: 418116
  • Floor Area: 120m²
  • Land Area: 196m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 18/04/2023 120m2 196m2 Contact Agent
Best of Both Worlds

We are proud to offer 602 Mountain Highway, Bayswater for Sale.

This property has endless possibilities.....

Run your business from the front shop and live in the 2 bedroom residence at the rear.
Extend the existing shop and run your business from the whole site (STCA).
Keep the current monthly tenant in the front shop and lease out or live in the residence.

The options are yours as the property can be sold with the existing tenant or with vacant possession.

The retail shop is currently leased to Gujji Barber on a monthly tenancy.
The rear residence is in excellent condition and offers two bedrooms (with heating), tiled kitchen/meals area, combined bathroom/laundry and the rear carport is secured by a roller door adding extra security to the property. There is also a garden shed for extra storage.
Ample parking out the front and close proximity to the Bayswater train and bus station and surrounded by a variety of businesses.

Additional Information
Features
  • Lease Term: Monthly
  • Air Conditioning: no
Bayswater Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3418 $144 4.21%
Retail $3785 $219 5.78%
Offices $3837 $194 5.05%
This is the average advertised price, rent and yield for Bayswater, VIC 3153*

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.
Tools

  Michelle Lanigan Commercial & Industrial

 

View Agency Profile

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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