705 Mountain HighwayBayswater VIC 3153
Property Details for 705 Mountain Hwy, Bayswater
Last Listing description (April 2022)
Ray White Commercial Ferntree Gully is proud to present For Lease, a high profile corner block in Bayswater's busiest retail precinct.
A very high volume of passing trade coupled with the prominent location assures maximum exposure with 36m* street frontage on Mountain Highway and 48m* on Valentine Street.
The existing building offers a net internal area of 556sqm* with three (3) phase power, significant retail, storage and office areas as well as eleven (11) dedicated parking spaces.
Eastlink can be accessed in under ten minutes and Bayswater Train Station is walking distance from the site.
Property Features Include:-
- Land Area: 1,398sqm*
- Building Area: 566sqm*
- Street Frontages of 36m* and 48m*
- Dual Street Frontage and Rear Lane Access
- Three (3) Phase Power
- High Profile Position
- Walking Distance to Bayswater Train Station
- 4.3km* to Eastlink
- 35km* to Melbourne CBD
- Commercial 1 Zone (C1Z)
* Approximate
* Subject To Council Approval (STCA)
To arrange an inspection or to obtain a copy of the information memorandum and legal documentation, please contact Mitch Rosam or Paul Waterhouse.
Property History for 705 Mountain Hwy, Bayswater, VIC 3153
- 03 Feb 2022Listed for Rent - Price not available
- 30 Aug 2021Sold for $3,880,000
- 01 Oct 2019Sold for $3,910,000
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 -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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