2, 200 Canterbury Road, Bayswater, VIC 3153

Industrial | Showrooms

Sold

  • Property ID: 402376
  • Floor Area: 444m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 2 Sold N/A 444m2 N/A Contact Agent
OUTSTANDING MAIN ROAD SHOWROOM INVESTMENT

Appleby Real Estate is delighted to be offering 2/200 Canterbury Road, Bayswater for sale via public auction on Friday the 10th of December 2021 on site at 12 noon. This outstanding showroom of 444 square metres is currently leased to long standing tenant Pirtek (New Nel Co Pty Ltd) on a 5 year lease which commenced on the 1st/July/2020. The current rental is $62,703.48 per annum plus GST plus outgoings. The lessee has 3 further options of 5 years with fixed 3% increases annually. This is a fantastic opportunity to secure a main road quality investment.

Features of the property include:

- Main Road Frontage
- Size: 444 square metres
- Showroom
- Rear roller door access
- Ample on site car parking
- Long standing Tenant

Additional Information
Features
  • Lease Term: 5 years (3 further options of 5 years)
  • Rent Review: Fixed 3% increases
  • Car Spaces: Yes
  • Floors: Concrete
  • Car Parking Fees: No
Bayswater Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3837 $189 4.92%
Industrial $3509 $139 3.97%
Retail $3785 $220 5.80%
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:

  • 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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