Ray White Commercial Ferntree Gully is delighted to present for Sale by way of Public Auction on Tuesday 14th May at 11am On Site, this Outstanding Freehold Warehouse.
Located just a few minutes from Bayswater Train Station and Mountain High Shopping Centre this freehold property offers space and facilities suited to a wide range of commercial applications.
With a total building area of 883 sqm* including a mezzanine storage area of 168 sqm*, 21 Holloway Drive also provides easy access to the wide driveway with 4.3m* high roller shutter door access permitting large vehicle entry into the warehouse area.
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:
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