18 Scoresby Road, Bayswater, VIC 3153

Investment | Other | Industrial | Showrooms

For Sale $1,200,000

  • Property ID: 318049
  • Floor Area: 602m²
  • Land Area: 1066m²
  • Occupancy: Vacant
  • NBN Availability: Build Commenced
  • Cafes: 20+ nearby
Single Freehold - Solid Investment!

MAIN ROAD FRONTAGE - SINGLE FREEHOLD
I am delighted to offer this property for sale. A solid investment with an excellent tenant.
The lease commenced in 2017 for four years expiring 2021.  Two further terms of four years each.
The factory/warehouse is approx 602 sqm and a land area of approx 1066 sqm. The property also offers a front office/reception area and 2nd office. New kitchenette, male and female toilets and on site car parking.
Current rental of $58,907.76 plus outgoings.

Additional Information
Features
  • Lease Term: four years
  • Rent Review: annual by 3%
  • Roller Doors: yes
Outgoings
  • Water Rates: payable by tenant
  • Council Rates: payable by tenant
  • Owners Corp. / Insurance: payable by tenant
Bayswater Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3980 $220 5.52%
Industrial $2438 $111 4.54%
Offices $4046 $197 4.86%
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

Michelle Lanigan Commercial & Industrial

Suite 1, 179 Boronia Road, Boronia, VIC 3155

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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 18 Scoresby Road, Bayswater, VIC 3153. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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