394 Dorset Road, Bayswater, VIC 3153

Investment | Offices | Retail | Showrooms

Sold $1,150,000

  • Property ID: 308060
  • Floor Area: 540m²
  • Land Area: 1289m²
  • NBN Availability: Build Commenced
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Showroom Sold 31/10/2018 540m2 1289m2 Contact Agent
EXCELLENT SHOWROOM FANTASTIC LOCATION SOLID INVESTMENT

This showroom securely leased is on the market for the first time in over 35 years.  The site is currently leased to RC Garage Pty Ltd a hobby shop on a 3 year lease which will commence on the 9/11/2018 with 3 further terms on 3 years remaining.  The showroom is leased at an annual rental of $72,240.07 per annum plus GST plus outgoings.

Building size: 540 square metresLand size: 1,289 square metres
Large open showroomRear roller doorStorage area
Securer lease
Large car park area
Rear access
Excellent location
Great exposure site Commercial 1 zone

Additional Information
Features
  • Zoning: Commercial 1
  • Lease Term: 3 years
  • Rent Review: Annually - CPI
  • Car Spaces: Yes
  • Roller Doors: Yes
  • 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
Industrial $1966 $99 5.06%
Offices $3027 $140 4.61%
Retail $3634 $213 5.86%
This is the average advertised price, rent and yield for Bayswater, VIC 3153*
* 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.
Agency Details

Appleby Estate Agents

20 Station Street, Bayswater, VIC 3153

View Agency Profile
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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™.
  • Nearby Cafes - Number of cafes located within 500 metres of 394 Dorset Road, Bayswater, VIC 3153. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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