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Sold on 29 Dec 2023 - Price Unavailable

2/42 Burgess Road
Bayswater North VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 216m2
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Property Details for 2/42 Burgess Rd, Bayswater North

Building Type
Commercial
Floor Size
216m2
Local Government
Maroondah
Lot/Plan
2/RP17693

Last Listing description (December 2023)

RWC Diston Asset Services is pleased to offer for sale this excellent entry level factory in the heart of Bayswater North.
Situated in a block of 6 units, this development offers easy access onto Canterbury and Dorset Roads, both major arterials in this tightly held industrial area.
With dual bathroom amenities, kitchenette and an office area, it also offers practicality for your business needs.

Offered on flexible settlement terms.

• Building area | 216sqm approximately
• Zoning | Industrial 1
• Three phase power
• Office area/Dual bathrooms/Mezzanine area
• Lease expires 1st July 2024

Property History for 2/42 Burgess Rd, Bayswater North, VIC 3153

A timeline of how this property has performed in the market
Last Sold
29 Dec 2023
Listed for Rent
25 Jun 2018
  • 19 Dec 2023
    Sold for $590,000
  • 11 Oct 2023
    Listed for Sale $599,000
  • 01 Jun 2018
    Listed for Rent - Price not available
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About Bayswater North 3153

The size of Bayswater North is approximately 6.6 square kilometres. It has 22 parks covering nearly 6.8% of total area. The population of Bayswater North in 2011 was 8,424 people. By 2016 the population was 8,778 showing a population growth of 4.2% in the area during that time. The predominant age group in Bayswater North is 30-39 years. Households in Bayswater North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater North work in a professional occupation. In 2011, 73.1% of the homes in Bayswater North were owner-occupied compared with 72.9% in 2016.

Bayswater North has 5,201 properties. Over the last 5 years, Houses in Bayswater North have seen a 31.57% increase in median value, while Units have seen a 21.60% increase. As at 31 August 2024:

  • The median value for Houses in Bayswater North is $923,060 while the median value for Units is $607,669.
  • Houses have a median rent of $580 while Units have a median rent of $495.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Bayswater north on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Bayswater north.

Suburb Insights for Bayswater North 3153

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Contact agent
Brett Diston
Show contact details
Ray White Commercial Diston Asset Services
Preferred contact:
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.