3 Ramage StreetBayswater VIC 3153
Property Details for 3 Ramage St, Bayswater
Last Listing description (May 2023)
JLL are delighted to offer 3 Ramage Street & 411 Dorset Road, Bayswater for sale via Expressions of Interest closing on Thursday 25th August 2022 at 4 pm. This offering provides two properties both securely leased to IND Window Fabrications Pty Ltd.
3 Ramage Drive is a well refurbished office warehouse, which incorporates well appointed office areas, meeting rooms, boardroom and lunchrooms. The warehouse is clean and bright with plenty of power. 411 Dorset Road has excellent main road frontage, clear span warehouse and plenty of power.
The properties are set within a well established industrial precinct in Bayswater. They are very well positioned industrial properties close to the corner of Ramage Street and Dorset Road, Bayswater. The properties have excellent exposure to the main arterial of Dorset Road and are within a close proximity to Mountain Highway, Canterbury Road and Bayswater Road, providing easy access to the eastern suburbs.
Total site area of 11,000sqm (1.1Ha) approx
3 Ramage Drive: 4,465sqm Building area
411 Dorset Road: 2,500sqm Building area
Total building area: 6,965sqm approx
Returning $480,175 per annum net to IND Window Fabrications Pty Ltd.
Seven (7) year lease commencing 1st May 2019
For sale via Expressions of Interest closing on Thursday 25th August 2022 at 4 pm.
Property History for 3 Ramage St, Bayswater, VIC 3153
- 10 Nov 2025Sold for $6,000,000
- 20 Feb 2023Listed for Sale Contact Agent
- 25 Sep 2007Sold for $2,145,000
Recent sales nearby
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0About Bayswater 3153
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 9,151 properties. Over the last 5 years, Houses in Bayswater have seen a 3.24% increase in median value, while Units have seen a 10.68% increase. As at 30 June 2026:
- The median value for Houses in Bayswater is $873,977 while the median value for Units is $674,980.
- Houses have a median rent of $650 while Units have a median rent of $578.
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