1, 3 Gatwick Road, Bayswater North, VIC 3153

Industrial

Sold

  • Property ID: 433487
  • Floor Area: 538m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Warehouse/Office Sold 11/08/2023 538m2 N/A Contact Agent
QUALITY BUILDING & QUALITY TENANT

Appleby Commercial is pleased to offer 1/3 Gatwick Road, Bayswater North to the market for sale.

Well located with street frontage, this 538 square metre industrial investment comprises a large warehouse, ground floor showroom and first floor office space. The property is of quality construction and has been well maintained.

The property is securely leased to a quality tenant and is currently returning $55,080 net per annum.

This is an exciting opportunity for investors to consider.

PROPERTY FEATURES:

Building Area - 538 Square Metres
Excellent direct street access
On-Site Car Parking
Air Conditioned Office Areas
Industrial 1 Zone


LEASE DETAILS

Lease commenced: 1/3/2022
Lease term: 3 years
Options: 2 x 3 Years
Reviews: Annual - CPI & Market
$55,080 net per annum

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

Additional Information
Features
  • Lease Term: 3 YEARS TO 1-3-2025
  • Rent Review: Annual
Bayswater North Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $168 ---
Retail --- $710 ---
Industrial $4275 $165 3.85%
This is the average advertised price, rent and yield for Bayswater North, 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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