SOLD
Sold on 19 Mar 2024 for $3,764,200

53 Holloway Drive
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2384m2
Sold By
Appleby Real Estate
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Property Details for 53 Holloway Dr, Bayswater

Building Type
Commercial
Land Size
2384m2
Local Government
Knox
Lot/Plan
71/LP94797

Last Listing description (March 2024)

Appleby Commercial are pleased to offer 53 Holloway Drive, Bayswater to the market for sale by Expressions of Interest closing Wednesday 27th of March 2024 at 2pm AEST. (unless sold prior).

This industrial freehold comprises a substantial street-fronted warehouse building of approximately 1,512 square metres on a 2,384 square metre site. 

Located in the heart of the Bayswater Industrial Precinct, the property benefits from convenient access to key arterial roads and is offered with vacant possession allowing multiple options for the purchaser.

PROPERTY ATTRIBUTES
+ Building size: 1,512 Sqm
+ Land size: 2,384 Sqm
+ Standalone with street frontage
+ Internal spring height: 4.7 metre (side) to 6.0 metre (centre)
+ 3 Phase Power
+ 2 Electric Roller Doors
+ Good truck & vehicle access
+ Office area
+ On-site car parking

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

Property History for 53 Holloway Dr, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$3,764,200
19 Mar 2024
  • 19 Mar 2024
    Sold for $3,764,200
  • 27 Feb 2024
    Listed for Sale Contact Agent
  • 17 Mar 2016
    Sold for $1,420,000
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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 9,047 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 13 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 303 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.