9 Elsum AvenueBayswater North VIC 3153
Property Details for 9 Elsum Ave, Bayswater North
Last Listing description (November 2020)
Ray White Commercial Ferntree Gully is delighted to present For Sale by way of Expression of Interest closing 19th of November at 5pm, this warehouse / factory facility which is located just a few minutes from the busy business hub of Bayswater on Canterbury Road.
Total Building Area is 1070m2 *, while the total land size is 2,123m2 *. The facility offers electric roller door access from four (4) points, each with clearance of 4.6m *. Ceiling clearance at the highest point is 7m *. There is lighting throughout the main building as well as three phase power, offices and toilet.
Plenty of off street parking inside the secure front gates is available for staff, customers and other vehicles on the apron at the front of the property. The property is freehold with no body corporate obligations.
The factory comes with a 2 year lease back from the current vendor at $100,000 per annum plus GST and Outgoings.
• Total Building Area 1070 sqm *
• Total Land Area 2,123 sqm *
• Freehold Possession
• Off Street Parking
• 4.6m* Electric Roller Door Access
• Three (3) Phase Power
• Offices and Toilet Facilities
• Two (2) Year Lease Back at $100,000 Per Annum Plus GST & Outgoings
• Industrial 1 Zone (IN1Z)
*Approximate
Property History for 9 Elsum Ave, Bayswater North, VIC 3153
- 21 Jun 2024Sold for $2,695,575
- 11 Nov 2020Sold for $1,700,000
- 13 Oct 2020Listed for Sale Expression of Interest
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0About 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.
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