695 Mountain HighwayBayswater VIC 3153
Property Details for 695 Mountain Hwy, Bayswater
Last Listing description (August 2026)
Ray White Commercial is proud to present this exceptional open plan retail opportunity ideally positioned in the thriving heart of the Bayswater commercial precinct.
Available for Sale or Lease, currently occupied by Cycle Link on a short term tenancy, currently returning $69,243.48 pa.
Boasting a wide street frontage to the busy Mountain Highway, the property offers outstanding exposure to high volumes of passing traffic, making it ideal for a range of retail, showroom, or service-based businesses.
The premises provides a flexible open plan layout with high ceilings, allowing incoming tenants to tailor the space to suit their operational requirements.
Customer convenience is enhanced with ample street parking available via the service lane at the front, providing easy access directly to the premises.
Strategically located within walking distance of Bayswater railway station, the property benefits from strong pedestrian traffic and excellent public transport connectivity.
The property also includes toilet amenities and a kitchenette, providing practical facilities for staff and daily operations.
Property Highlights
• Building area | 265sqm approximately
• High exposure retail location
• Dual access via rear laneway
• Wide street frontage to Mountain Highway
• Toilet amenities
• Kitchenette
• Short walk to Bayswater Station
• Zoning | Commercial 1 Zone (C1Z)
• Current rental $69,243.48
Property History for 695 Mountain Hwy, Bayswater, VIC 3153
- 06 Aug 2026Listed for Rent - Price not available
- 10 Mar 2026Listed for Rent - Price not available
- 03 Feb 2025Sold for $1,025,000
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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 9,170 properties. Over the last 5 years, Houses in Bayswater have seen a -0.64% decrease in median value, while Units have seen a 9.12% increase. As at 31 July 2026:
- The median value for Houses in Bayswater is $859,409 while the median value for Units is $674,341.
- Houses have a median rent of $650 while Units have a median rent of $580.
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