OFF MARKET

3/29 Jersey Road
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 71m2
Land area: 285m2
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Property Details for 3/29 Jersey Rd, Bayswater

Building Type
Commercial
Year Built
1984
Floor Size
71m2
Land Size
285m2
Local Government
Knox
Lot/Plan
3/SP34534

Last Listing description (August 2023)

Ray White Commercial Ferntree Gully is delighted to present For Sale by way of public auction, this exceptional factory or warehouse space located on busy Jersey Road in the heart of Bayswater's light industrial precinct.

The large open main space has a spring height of 5.5 metres *, with a 4.9m * clearance roller door allowing large vehicle access. The property has a number of office and or showroom spaces, a kitchenette and male & female toilets.

Off street parking for four (4) vehicles is included, with further parking available in Jersey Road. This versatile facility would suit any number of enterprises.

• Total Building Area 330 sqm *
• 5.5m Spring Height *
• 4.9m Clearance Roller Door
• Kitchenette / Staff Break Room
• Male & Female Toilets
• Four (4) Off Street Parking Spaces
• Office / Showroom Spaces
• Industrial 1 Zone (IN1Z)

Property History for 3/29 Jersey Rd, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$820,000
24 Aug 2023
  • 24 Aug 2023
    Sold for $820,000
  • 24 Jul 2023
    Listed for Sale Auction 24th of August at 11:00am
  • 10 Jul 2006
    Sold for $297,000

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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 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.

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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.