1/21 Jersey Road, Bayswater, VIC 3153 | Property Value & History | OnTheHouse
OFF MARKET

1/21 Jersey Road
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 71m2
Land area: 890m2
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Property Details for 1/21 Jersey Rd, Bayswater

Building Type
Commercial
Year Built
1984
Floor Size
71m2
Land Size
890m2
Local Government
Knox
Lot/Plan
10/PS305337

Last Listing description (April 2023)

Ray White Commercial Ferntree Gully is delighted to present For Sale by way of public Auction, this exceptional factory or warehouse space located on busy Jersey Road in the heart of Bayswater's light industrial precinct.

The property is leased out on a brand new five (5) year lease with further options at $81,000 per annum plus GST and Outgoings.

The large open main space has a spring height of 5.9 metres *, with two (2) 4.8 metre clearance roller doors allowing large vehicle access. Three phase power is included. The property has a number of offices, a staff break room, laundry with shower, male and female toilets and a first-floor kitchenette and storage area.

There is also a generous showroom at the front of the premises. Off street parking is provided for approximately 15 (15) vehicles, with further parking available in Jersey Road.

Located close to the intersection with Mountain Highway, this prominent property enjoys fabulous exposure to passing traffic on Jersey Road.

Building Area 954 sqm*
Land Are 1500 sqm *
Tenanted Investment
Rent - $81,000 per annum plus GST & Outgoings
Further Option
5.9m Spring Height *
2 x 4.8m Clearance Roller Doors
Kitchenette / Staff Break Room
Male & Female Toilets
Six (6) Off Street Parking Spaces
Multiple Office Spaces
Reception
Showroom
Three (3) Phase Power
Prominent Position on Jersey Road
Industrial 1 Zone (IN1Z)

Property History for 1/21 Jersey Rd, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$1,680,000
13 Apr 2023
  • 13 Apr 2023
    Sold for $1,680,000
  • 15 Mar 2023
    Listed for Sale Auction
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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 9,117 properties. Over the last 5 years, Houses in Bayswater have seen a 27.92% increase in median value, while Units have seen a 20.88% increase. As at 31 December 2025:

  • The median value for Houses in Bayswater is $933,153 while the median value for Units is $677,906.
  • Houses have a median rent of $590 while Units have a median rent of $550.
There are currently 29 properties listed for sale, and 8 properties listed for rent in Bayswater on OnTheHouse. According to Cotality's data, 392 properties were sold in the past 12 months in Bayswater.

Suburb Insights for Bayswater 3153

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.