Appleby Commercial is pleased to present 1/2 London Drive, Bayswater for sale — a functional and well-located industrial facility within one of Melbourne’s most sought-after eastern precincts.The property offers an ideal solution for owner-occupiers seeking to secure a long-term operational base in an established industrial location, where opportunities of this nature are increasingly limited. For investors, the asset provides exposure to a resilient industrial market underpinned by low vacancy rates, consistent occupier demand and strong long-term capital growth fundamentals, making it a compelling acquisition within the Bayswater industrial market.Property Highlights Building Area: 200m² (approx.) Street-fronted industrial warehouse 4 on-site car parks 3-phase power Approx. 5m internal clearance Excellent vehicle access Highly accessible eastern corridor locationFor more information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.
The size of Bayswater is approximately 7.9 square kilometres. There are 17 parks, covering nearly 4.5% of the 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 9,128 properties. Over the last 5 years, Houses in Bayswater have seen a 6.53% increase in median value, while Units have seen a 11.86% increase. As at 31 May 2026:
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