OFF MARKET

1/47 Power Road
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 71m2
Land area: 195m2
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Property Details for 1/47 Power Rd, Bayswater

Building Type
Commercial
Year Built
1984
Floor Size
71m2
Land Size
195m2
Local Government
Knox
Lot/Plan
1/SP20649

Last Listing description (August 2023)

South East Commercial and Industrial are proud to offer For Sale, this versatile office warehouse positioned in a highly exposed location on Power Road.

Property features include;

- Total building area of 176sqm
- Showroom and office space of 53sqm
- Warehouse with good roller door access
- Male and female amenites and small kitchenette
- Front building with excellent signage potential

Located within close proximity to both Bayswater and Boronia train stations, and with excellent access to road links including Scoresby Road, Dorset Road and Mountain Highway, this entry level offering is sure to impress.

Offered for sale with Vacant Possession, with 10% deposit and settlement 30/60/90 days.

Property History for 1/47 Power Rd, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$505,000
29 Aug 2023
  • 29 Aug 2023
    Sold for $505,000
  • 29 Jun 2023
    Listed for Sale Call Today!
  • 08 Sep 1992
    Sold for $82,500
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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 8,931 properties. Over the last 5 years, Houses in Bayswater have seen a 22.59% increase in median value, while Units have seen a 29.02% increase. As at 31 July 2024:

  • The median value for Houses in Bayswater is $830,438 while the median value for Units is $642,691.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 34 properties listed for sale, and 10 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Bayswater.

Suburb Insights for Bayswater 3153

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Disclaimer
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.