22 Corporate Boulevard, Bayswater, VIC 3153

Industrial

Sold

  • Property ID: 434971
  • Floor Area: 1070m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 08/12/2023 1070m2 N/A Contact Agent
WELL WORTH THE WAIT

POINT OF INTEREST:
Bayswater Business Park is renowned for attracting the highest-calibre of occupiers and buildings of this scale rarely come to market which makes sense when you consider the multi-functional floorplan for industries of all kinds; like the 660 sqm* of high-clearance warehousing plus 75 sqm* in additional mezzanine storage. There’s also 410 sqm* dual-level office/workshop space, fit with heating and cooling, kitchenette and amenities and 15 on-site car spaces at your disposal.

A point to consider here: The property is being offered with a 1-year vendor lease back from the settlement. Corporate Boulevard by name but not necessarily by nature, you’re surrounded by every kind of enterprise from auto parts to flooring, medical equipment to window tinting — all caffeinated by the on-site cafe. An enviable location means being a mere 200 m* from Dorset Road, 5.8 km* from the Eastlink, and 5 km* from the Maroondah Highway and Mt Dandenong Road intersection too.

- 1,070 sqm* total building area.
- Incl. 660 sqm* high clearance warehouse.
- Incl. 410 sqm* two level office/workshop.
- Additional mezzanine storage.
- 15 on-site car spaces.
- 1 year vendor leaseback from settlement.
- 200 m* to Dorset Road.
- 5.8 km* to the Eastlink.

POINT OF VIEW:
An asset built to propel growth in business (and value) for the long term. Case in point: The current owner has occupied the space since it was built in 2008. Whether you’re looking to upgrade your address or your portfolio, Corporate Boulevard is the best bet.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 1 year from settlement
  • Car Spaces: 15 car spaces on site
  • Condition: Good
  • Air Conditioning: Office area
  • Floors: Concrete/carpet
  • Lifts: N/A
  • Height: 7.3 meters approx
  • Age: 15 years approx.
  • Car Parking Fees: n/a
Outgoings
  • Water Rates: $1,021.28 pa. approx. + GST
  • Land Tax: $775 (single holding) pa. approx. + GST
  • Council Rates: $10,362.55 pa. approx. + GST
  • Owners Corp. / Insurance: $6,647.36 pa. approx. + GST
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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