25 London Drive, Bayswater, VIC 3153

Industrial

Sold

  • Property ID: 446199
  • Floor Area: 556m²
  • Land Area: 1020m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Warehouse/Office Sold 11/07/2024 556m2 1020m2 Contact Agent
INDUSTRIAL FREEHOLD IN TIGHTLY HELD PRECINCT - OCCUPY OR INVEST

Appleby Commercial is pleased to present 25 London Drive, Bayswater to the market for sale.

This standalone industrial facility comprises a total floor area of approximately 556 square metres comprising warehouse and office area.

Currently leased on a month to month basis. The property will be sold as a going concern offering an excellent opportunity to both owner-occupiers and investors with the flexibility to occupy upon lease expiry or negotiate a new lease.

Located within the Bayswater Industrial heartland, the property is positioned along London Drive which is one of Bayswater's most desirable industrial roads/streets.

PROPERTY ATTRIBUTES
+ Total Building Area: 556 m2
+ Land Size: 1020 m2
+ Street Frontage
+ Freehold Title
+ On-Site Parking
+ Excellent Truck & Vehicle Access
+ 3-Phase Power
+ Male & Female Amenities
+ Close to Public Transport & Retail Amenities

LEASE DETAILS
+ Tenant: Boss Plaster Products Pty Ltd
+ Month to Month lease
+ Current Rental: $56,552 Per Annum, Plus GST, Plus Outgoings

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

Additional Information
Features
  • Availability: NOW
  • Condition: Good
Bayswater Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5715 $249 4.35%
Offices $3131 $242 7.72%
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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