32 Sydney RoadBayswater VIC 3153
Property Details for 32 Sydney Rd, Bayswater
Last Listing description (April 2026)
Appleby Commercial is pleased to offer 32–34 Sydney Road, Bayswater for sale by Expressions of Interest.This outstanding opportunity comprises two functional factories on one title, presenting exceptional flexibility for owner-occupiers, investors, and developers alike. Both buildings are currently leased on month-to-month agreements, providing immediate holding income while maintaining future repositioning or redevelopment potential (STCA).Strategically positioned just off Mountain Highway, the property enjoys excellent connectivity to key arterial roads including Eastlink, and is located only minutes from Bayswater Train Station and Mountain High Shopping Centre.Property Features: Land Area: 2,200m²* Total Building Area: 816m²* (408m²* per factory) Two factories on one title Month-to-month tenancies offering flexibility Redevelopment potential (STCA) Zoning: Industrial 1Expressions of Interest Closing:Wednesday 25 March 2026 at 2:00pm AEST. (Unless sold prior)For further information or to arrange an inspection, please contact Appleby Commercial on (03) 8727 9555.*All areas are approximate.
Property History for 32 Sydney Rd, Bayswater, VIC 3153
- 12 Feb 2026Listed for Sale Contact Agent
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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 9,140 properties. Over the last 5 years, Houses in Bayswater have seen a 10.57% increase in median value, while Units have seen a 14.65% increase. As at 30 April 2026:
- The median value for Houses in Bayswater is $913,915 while the median value for Units is $692,497.
- Houses have a median rent of $630 while Units have a median rent of $565.
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