7/21 Power RoadBayswater VIC 3153
Property Details for 7/21 Power Rd, Bayswater
Last Listing description (June 2025)
Discover a fantastic opportunity to own a versatile industrial/warehouse space in the heart of Bayswater. This well-located property offers a total land and building area of 197 sqm, making it ideal for a range of business operations or as an investment.
Currently leased at a rental return of $26497.80 per annum plus outgoings. The current 3 year lease commenced on 15/10/2022 with a further 3 year option of which has already been accepted by the tenant.
The property boasts a generous 197 sqm of usable space, providing ample room for storage, manufacturing, or distribution needs.
Situated on Power Road, this property benefits from excellent accessibility to major transport routes, ensuring easy connectivity for your tenants or your own future business operations.
Whether it is the current tenants business or your anticipated future business, from this location, this property is perfectly suited for a variety of flexible industrial uses.
Convenient parking options available for both staff and clients, is sure to enhance the functionality of any business.
Bayswater is an area experiencing growth and development, making this property a smart investment choice for the future.
Whether you're looking to expand your business down the track or hold as an investment this is certainly promising industrial space, this property offers the perfect blend of location, functionality, and potential.
MAIN FEATURES
Three Offices
Reception/Showroom
Shower & extra Toilet
Male female Amenities
Kitchen
Staff room
Roller Door (5m)
Parking Galore
Great complex exposure
Close to Railway Station
Just off Major Rd (Scoresby Rd)
For an Inspection please call Don on 0407 687 652
Property History for 7/21 Power Rd, Bayswater, VIC 3153
- 26 May 2025Sold for $550,000
- 04 Mar 2025Listed for Sale $550,000 to $600,000
- 27 Aug 2019Listed for Rent $24,000 / year
Recent sales nearby
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0About 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 9,128 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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