DEVELOPMENT/LAND,INDUSTRIAL
OPTIONS GALORE!! OWNER/OCCUPIER, INVESTOR (LEASE BACK AVAILABLE), DEVELOPER. THE CHOICE IS YOURS. SITE AREA OF 1946 SQUARE METRES AND BUILDING AREA OF 596 SQUARE METRES, REAR YARD SPACE OF APPROXIMATELY 650 SQUARE METRES. VERY VERSATILE PROPERTY THAT CAN BE USED IN ITS CURRENT SET UP AS WAREHOUSE AND YARD SPACE OR FULLY DEVELOPED WITH ADDITIONAL BUILDING. WITHIN THE WAREHOUSE IS A CONTROLLED ENVIRONMENT WORK AREA OF APPROXIMATELY 280 SQUARE METRES. THIS IS CURRENTLY USED FOR MEDICAL USE BUT WOULD ALSO SUIT FOOD USE. THE CONTROLLED ENVIRONMENT WORK AREA CAN BE REMOVED IF NOT REQUIRED BY THE PURCHASER. LEASEBACK AVAILABLE AT $55,000 PER ANNUM ON A 3 YEAR LEASE WITH A 3 YEAR OPTION WITH ANNUAL RENT REVIEWS.
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:
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