40 Barry Street, Bayswater, VIC 3153

Industrial

Sold

  • Property ID: 431771
  • Floor Area: 636m²
  • Land Area: 1257m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Warehouse/Factory Sold 17/01/2024 636m2 1257m2 Contact Agent
6% RETURN - TENANTED INVESTMENT WITH QUALITY ASX LISTED TENANT

Appleby Commercial is pleased to offer 40 Barry Street, Bayswater to the market for sale.

The land area is 1257 square metres and there are 4 warehouse buildings with a total area of 636 square metres. There will be a new 3 year lease at a starting rental of $81,000 net per annum, with one option of 2 years. Rent will be increased annually by 3.0% with a market review at the end of each term.

This is an exciting opportunity for investors to consider.

PROPERTY FEATURES:

Land Area - 1257 Square Metres
Building Area - 636 Square Metres
Multiple Roller Shutter Doors
On-Site Car Parking
Air Conditioned Office Areas
Industrial 1 Zone
Good Truck Access
Secure 3 Year Lease With one option of 2 years
Quality ASX Listed Tenant
$81,000 Net Per Annum Starting Rental

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

Additional Information
Features
  • Availability: NOW
  • Lease Term: 2 years
  • Rent Review: Annual
Bayswater Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3131 $242 7.72%
Retail $5715 $249 4.35%
Industrial $3487 $142 4.08%
This is the average advertised price, rent and yield for Bayswater, VIC 3153*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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