SOLD
Sold on 31 Jan 2024 for $1,540,000

2 Amsted Road
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1001m2
Sold By
Appleby Real Estate
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Property Details for 2 Amsted Rd, Bayswater

Building Type
Commercial
Land Size
1001m2
Local Government
Knox
Lot/Plan
7/LP131168

Last Listing description (February 2024)

Appleby Commercial are pleased to offer 2 Amsted Road, Bayswater to the market for sale by Expressions of Interest closing 7th February (unless sold prior).

Located just off Dorset Road within the heart of the Bayswater industrial precinct. The property offers a rare and exceptional opportunity to acquire a substantial land parcel of 1001 square metres along with a 480 square metre industrial warehouse building. The property is offered with vacant possession and should be considered by owner occupiers and investors.

Property Attributes:

- Building Area: 480 square metres
- Land area: 1001 square metres
- Standalone with street frontage
- Internal spring height of 7.2 metres
- 3 Phase Power
- 2 x Roller Doors
- Good truck and vehicle access

For further information or to arrange an inspection please contact Appleby Commercial today.

Property History for 2 Amsted Rd, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$1,540,000
31 Jan 2024
  • 31 Jan 2024
    Sold for $1,540,000
  • 11 Jan 2024
    Listed for Sale Contact Agent
  • 05 Jun 2017
    Transferred
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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 8,939 properties. Over the last 5 years, Houses in Bayswater have seen a 18.62% increase in median value, while Units have seen a 22.16% increase. As at 30 September 2024:

  • The median value for Houses in Bayswater is $851,213 while the median value for Units is $656,106.
  • Houses have a median rent of $550 while Units have a median rent of $510.
There are currently 34 properties listed for sale, and 14 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.