FOR RENT
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624 Mountain Highway
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 170m2
Land area: 185m2
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BIG RETAIL SPACE ON PRIME CORNER SITE

Your Business Oasis Awaits!
Seize the opportunity to claim a prime corner position on the bustling Mountain Highway in Bayswater! This exceptional property offers a versatile 185sqm of land, with approximately 170sqm dedicated to premium retail space.
Property Highlights:
- Strategic Location: Commanding attention on the busy Mountain Highway, ensuring a steady flow of potential customers.
- Corner Site Advantage: Maximize your visibility with advertising opportunities on prominent walls, drawing in foot traffic from multiple directions.
- Functional Design: Equipped with 3 phase power, this space is ready to support a variety of businesses, from retail to take-away food establishments.
- Convenience: Enjoy off-street parking right in front of the property, as well as additional parking available on the corner street.
- Turnkey Ready: Ideal for take-away food businesses with existing flooring and walls designed for food preparation.
- Comfortable Environment: Stay comfortable year-round with included air conditioning, ensuring a pleasant experience for your customers and staff.
- Endless Possibilities: Whether you're considering retail, a food establishment, medical services, or more, this space offers the flexibility to suit your vision.
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Property Details for 624 Mountain Hwy, Bayswater

Building Type
Commercial
Floor Size
170m2
Land Size
185m2

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About Bayswater 3153

The size of Bayswater is approximately 7.9 square kilometres. It has 17 parks covering nearly 4.5% of total area. The population of Bayswater in 2011 was 11,240 people. By 2016 the population was 11,749 showing a population growth of 4.5% in the area during that time. The predominant age group in Bayswater is 30-39 years. Households in Bayswater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater work in a professional occupation. In 2011, 69% of the homes in Bayswater were owner-occupied compared with 65.3% in 2016.

Bayswater has 9,055 properties. Over the last 5 years, Houses in Bayswater have seen a 13.10% increase in median value, while Units have seen a 16.12% increase. As at 30 November 2024:

  • The median value for Houses in Bayswater is $861,617 while the median value for Units is $653,984.
  • Houses have a median rent of $573 while Units have a median rent of $510.
There are currently 29 properties listed for sale, and 13 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 316 properties were sold in the past 12 months in Bayswater.

Suburb Insights for Bayswater 3153

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Alex Kenny
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.