220-230 Canterbury Road, Bayswater, VIC 3153 | Commercial for sale | OnTheHouse
 
FOR SALE
$170,000

220-230 Canterbury Road
Bayswater VIC 3153

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THE COFFEE BEAN STATION

Phone enquiries - please call 1300 594 794 and quote property ID 23390.
This is a great opportunity to purchase a busy cafe in a prime position in Bayswater. Situated in the ‘Spotlight Centre’ with huge foot traffic and consistent new and regular customers coming in for a coffee, cake and/or food. This business has been established for over 15 years, of which the current owner was originally a staff member, then decided to buy the business as it was so good. That was 5 years ago and has built the business even further.
* Prime position at the entrance of the Spotlight Centre
* Seats approximately 60 people (inside and out)
* Long customer loyalty following with regular customers
* Some catering for local corporate businesses
* Averages 25 kg coffee p.w.
* No cooking required
* Easy to run business
The business trades 7 days per week. It is a profitable business with further scope. There are two loyal permanent part-time staff along with a couple of casuals.
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Property Details for 220-230 Canterbury Rd, Bayswater

Building Type
Commercial
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About Bayswater 3153

The size of Bayswater is approximately 7.9 square kilometres. It has 17 parks covering nearly 4.5% of total area. The population of Bayswater in 2016 was 11758 people. By 2021 the population was 12262 showing a population growth of 4.3% 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 2021, 63.40% of the homes in Bayswater were owner-occupied compared with 65.30% in 2016.

Bayswater has 9,110 properties. Over the last 5 years, Houses in Bayswater have seen a 33.82% increase in median value, while Units have seen a 21.70% increase. As at 30 November 2025:

  • The median value for Houses in Bayswater is $948,919 while the median value for Units is $684,506.
  • Houses have a median rent of $590 while Units have a median rent of $550.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Bayswater on OnTheHouse. According to Cotality's data, 377 properties were sold in the past 12 months in Bayswater.

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