Appleby Commercial is pleased to present 7 Jersey Road, Bayswater — a rare and highly versatile industrial asset in the heart of Melbourne’s thriving eastern corridor.This exceptional offering comprises a large-format warehouse facility with high-clearance warehousing, significant power supply, multiple overhead cranes, and valuable mezzanine space, all positioned on a substantial 7,831 sqm* landholding. With strong existing improvements and outstanding development potential (STCA), the property appeals to owner-occupiers, investors, and developers alike.Key Features: Land Area: 7,831 sqm* Warehouse Area: 2,805.5 sqm* Storage Mezzanine: 20 sqm* Office Mezzanine: 88 sqm* Power Supply: 250+ amps with onsite substation Crane Infrastructure: Crane 1: 5 Tonne Crane 2: 2 x 3 Tonne Crane Hooks Crane 3: 5 Tonne Zoning: Industrial 1 (IN1Z) Outstanding connectivity to Dorset Road, Mountain Highway and EastLink Solar Power System Installed Excellent truck access and hardstand areasLeaseback Option of Warehouse Area The property is available with the option of a leaseback to the current occupier at a net rental of $311,000 per annum, plus GST and outgoings. This arrangement offers investors a secure and immediate income stream from a well-established tenant, providing a seamless transition of ownership and strong initial yield in a tightly held industrial market.Opportunity:This property provides flexibility for immediate occupation with scope to value-add, expand or redevelop in future (STCA). Well suited to a range of industries including manufacturing, warehousing, and logistics.A true rarity in today’s low-supply eastern industrial market, 7 Jersey Road is a high-performing asset with enduring appeal and future upside.For more information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.*All areas are approximate. Subject to Council Approval (STCA).
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 9,142 properties. Over the last 5 years, Houses in Bayswater have seen a 16.04% increase in median value, while Units have seen a 16.04% increase. As at 31 March 2026:
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