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1 Beaumaris Parade
Highett VIC 3190

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 714m2
Land area: 893m2
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Prime Investment Opportunity in Bayside's Booming Hub

Secure your stake in one of Bayside's most sought-after commercial areas, where development is rapidly expanding and demand for quality property continues to rise.
With the surrounding area experiencing a surge in development, this is an outstanding opportunity to invest in a high-growth location. The current lease terms provide a solid return, and the potential for future capital growth makes this an ideal addition to any investment portfolio.
• Land Area: 714 sqm, including a 100 sqm office space
• Clear Span Warehouse with excellent internal height, maximizing usability
• Ample Onsite Car Parking for 6 cars, catering to tenants and clients
• Returning $98,799.96 per annum, providing strong, consistent cash flow
• Lease Expiry: September 2026 with a 1x3 year option, offering security and flexibility for investors
• Positioned in Bayside's busiest precinct, ensuring high visibility and ongoing demand
*NB All prices exclude GST unless otherwise stated and all sizes are approximate.
"A vision for tomorrow requires a strategy today. Dive into the future with DBRE."
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Property Details for 1 Beaumaris Pde, Highett

Building Type
Commercial
Floor Size
714m2
Land Size
893m2

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About Highett 3190

The size of Highett is approximately 3.7 square kilometres. It has 8 parks covering nearly 8.4% of total area. The population of Highett in 2011 was 10,263 people. By 2016 the population was 10,452 showing a population growth of 1.8% in the area during that time. The predominant age group in Highett is 40-49 years. Households in Highett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highett work in a professional occupation. In 2011, 71.7% of the homes in Highett were owner-occupied compared with 68.6% in 2016.

Highett has 7,171 properties. Over the last 5 years, Houses in Highett have seen a 13.80% increase in median value, while Units have seen a 4.30% increase. As at 30 November 2024:

  • The median value for Houses in Highett is $1,430,541 while the median value for Units is $687,753.
  • Houses have a median rent of $695 while Units have a median rent of $560.
There are currently 37 properties listed for sale, and 10 properties listed for rent in Highett on OnTheHouse. According to CoreLogic's data, 325 properties were sold in the past 12 months in Highett.

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