7, 381 Bayswater Road, Bayswater, VIC 3153

Industrial

Sold

  • Property ID: 434210
  • Floor Area: 307m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 7 Sold 11/09/2023 307m2 N/A Contact Agent
WAREHOUSE INVESTMENT

Appleby Commercial are pleased to offer to the market 7/381 Bayswater Road, Bayswater. This is a great opportunity to secure an industrial investment in a good location with a long-term tenant.

At present the property is leased to Outdoor Education Services Trust T/A Bindaree Outdoors on a 5 year lease which commenced on the 9/8/2021 with two further options of 5 years. The current rental is $25,461.84 per annum plus GST plus outgoings with annual CPI increases and market review at the end of term.

PROPERTY ATTRIBUTES:
- Size: 307 square metres
- Roller door
- Good access
- On site car parking
- Industrial 1

For more information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.

Additional Information
Features
  • Lease Term: 5 Years (2 further options of 5 years)
  • Rent Review: Annually - CPI
  • Car Spaces: Yes
  • Condition: Good
  • Car Parking Fees: No
Outgoings
  • Water Rates: Tenant pays
  • Council Rates: Tenant pays
  • Owners Corp. / Insurance: Tenant pays
Bayswater Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3535 $219 6.19%
Industrial $3523 $139 3.94%
Offices $3837 $190 4.95%
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 Industrial 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.
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  Appleby Real Estate

 

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Property Detail Notes:

  • 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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