SOLD
Sold on 08 Jul 2024 for $852,500

3/55 Holloway Drive
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 71m2
Land area: 243m2
Sold By
Appleby Real Estate
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Property Details for 3/55 Holloway Dr, Bayswater

Building Type
Commercial
Year Built
1984
Floor Size
71m2
Land Size
243m2
Local Government
Knox
Lot/Plan
3/PS524369

Last Listing description (July 2024)

INVEST OR OCCUPY - WAREHOUSE FOR SALE

Appleby Commercial is pleased to offer 3/55 Holloway Drive, Bayswater to the market for sale by Private Sale.

The building area is 302 square metres and is located in the heart of the Bayswater Industrial Precinct.

The property is being offered for sale with vacant possession.

Features of the property include:
Size: 302 square metres (warehouse 242m2 & office 60m2)
Roller door
Male & female amenities
4 allocated car spaces
Additional mezzanine area of 66 square metres
3 phase power

For more information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.

Property History for 3/55 Holloway Dr, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$852,500
08 Jul 2024
Listed for Rent
$491/w
20 Jan 2021
  • 08 Jul 2024
    Sold for $852,500
  • 27 Jun 2024
    Listed for Sale Contact Agent
  • 20 Aug 2020
    Listed for Rent $25,600 / year
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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 9,050 properties. Over the last 5 years, Houses in Bayswater have seen a 16.13% increase in median value, while Units have seen a 18.85% increase. As at 31 October 2024:

  • The median value for Houses in Bayswater is $859,109 while the median value for Units is $657,475.
  • Houses have a median rent of $560 while Units have a median rent of $510.
There are currently 42 properties listed for sale, and 19 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 299 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.