4/19 Melrich RoadBayswater VIC 3153
Property Details for 4/19 Melrich Rd, Bayswater
Last Listing description (April 2024)
Appleby Commercial are pleased to offer 4/19 Melrich Road, Bayswater to the market for sale by Public Auction on Wednesday 27th of March 2024 at 12pm AEST (on site unless sold prior).
This industrial property comprises a substantial street-fronted warehouse/office building of approximately 675 square metres on approximately 1138 square metres of land.
Located in the heart of the Bayswater Industrial Precinct, the property benefits from convenient access to key arterial roads and is offered with a lease that expires on 31st October 2024 (tenant has given notice of their vacation).
PROPERTY ATTRIBUTES
+ Building size: 675 square metres
+ Land size: 1138 square metres
+ Street frontage with exclusive access
+ 3 Phase Power
+ Good truck & vehicle access
+ Quality office area (leave as is or reconfigure)
+ 10 on site car parking spaces
For further information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.
Property History for 4/19 Melrich Rd, Bayswater, VIC 3153
- 27 Mar 2024Sold for $1,700,000
- 05 Mar 2024Listed for Sale Contact Agent
- 01 Mar 2011Sold for $803,000
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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.
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