SOLD
RECENT ADVICE
Sold on 30 Oct 2024 for $5,000,000

44 Irvine Street
Bayswater WA 6053

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 590m2
Land area: 956m2
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Property Details for 44 Irvine St, Bayswater

Building Type
Commercial
Year Built
1979
Floor Size
590m2
Land Size
956m2
Local Government
Bayswater
Lot/Plan
159/P005389

Last Listing description (November 2024)

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

- Reception area
- 4 separate offices
- Bonus undercroft approx. 165sqm
- 3 partitioned storerooms
- 200+ amps power
- Excellent access to Tonkin Highway
- Secure perimeter fencing
- Future development potential
- Passing income - currently leased

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

Property History for 44 Irvine St, Bayswater, WA 6053

A timeline of how this property has performed in the market
Last Sold
$5,000,000
30 Oct 2024
Listed for Rent
$789/w
07 Mar 2019
  • 30 Oct 2024
    Sold for $5,000,000
  • 06 Sep 2024
    Listed for Sale Price on Application
  • 21 Dec 2018
    Listed for Rent - Price not available
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About Bayswater 6053

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:

  • The median value for Houses in Bayswater is $973,373 while the median value for Units is $518,158.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 56 properties listed for sale, and 9 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Bayswater.

Suburb Insights for Bayswater 6053

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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.