This is an old-school free-standing workshop in the middle of Bayswater that is just ripe for business operators who need additional power and / or investors with a keen eye for possible future redevelopment.
The subject property offers:
- Workshop of approx. 740sqm
Building Area: 770 sqm approx.
Land Area: 956 sqm Approx.
Current Rent: Contact agent
Outgoings: To be confirmed
Offers Invited Closing 4pm 3 October 2024 (unless sold prior)
Contact Con Passaris or Cooper Egan to arrange an inspection
The size of Bayswater is approximately 9.8 square kilometres. It has 40 parks covering nearly 15.1% of total area. The population of Bayswater in 2011 was 13,525 people. By 2016 the population was 14,436 showing a population growth of 6.7% 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, 67% of the homes in Bayswater were owner-occupied compared with 67.7% in 2016.
Bayswater has 8,721 properties. Over the last 5 years, Houses in Bayswater have seen a 79.08% increase in median value, while Units have seen a 116.41% increase. As at 31 October 2024:
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