SOLD
RECENT ADVICE
Sold on 11 Dec 2024 for $752,000

10/21 Power Road
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 285m2
Land area: 291m2
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Property Details for 10/21 Power Rd, Bayswater

Building Type
Commercial
Floor Size
285m2
Land Size
291m2

Last Listing description (December 2024)

Nestled in the heart of Bayswater, 10/21 Power Road offers an exceptional opportunity for investors and owner-occupiers seeking a versatile and well-maintained office/warehouse.

This prime industrial unit is strategically located with a 285 sqm building area and plenty of parking, equipped with modern amenities, including kitchen and bathroom facilities, a Reception area, and a roller door - Suitable for owner occupiers, providing convenience and comfort for staff and visitors.

Situated close to major road networks such as the M3 Eastlink and Mountain Highway, the property is near essential services and amenities, including shopping centres, dining options, and public transport.

Don't miss out on this exceptional opportunity to secure a versatile and strategically located industrial unit in the thriving Bayswater business precinct. Contact us today to arrange a private inspection and explore the potential that 10/21 Power Road has to offer.

Please contact Lin Zhang on 0403 187 808 for an appointment

*Photo I.D Required Upon Inspection*

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 10/21 Power Rd, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$752,000
11 Dec 2024
  • 11 Dec 2024
    Sold for $752,000
  • 21 Jun 2024
    Listed for Sale Contact Agent
  • 06 Jul 2022
    Sold for $825,000
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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 32 properties listed for sale, and 14 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Bayswater.

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Arif Akhlaqi
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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.