B14/19-23 Macauley PlaceBayswater VIC 3153
Property Details for B14/19-23 Macauley Pl, Bayswater
Last Listing description (February 2026)
Appleby Commercial is proud to offer to the market Suite 14B/19-23 Macauley Place, Bayswater - a premium commercial investment opportunity in the heart of the Bayswater Activity Centre.Positioned within a thriving commercial precinct, this 396 sqm office suite presents as a high-quality, income-producing asset with strong lease security.Property Features: 396 sqm of well-presented open-plan office space with multiple zones Convenient lift access Walking distance to Bayswater Train Station and Bayswater Shopping Centre Quality finishes throughout with heating and cooling for year-round comfortLease Details: Current Lease: 3 years Further Term: 3-year option Lease Commencement: 1 October 2025 Passing Rental: $85,000 per annum + GST + outgoingsInvestment Highlights: Secure lease covenant providing attractive rental income Modern, functional office accommodation designed for long-term occupancy Prime location within Bayswater’s established commercial and retail hub Strong tenant appeal supported by excellent amenity and transport connectivityThis property represents a rare opportunity for investors to secure a premium office asset in Melbourne’s tightly held eastern suburbs, with a lease structure offering both stability and growth potential.For further information or to arrange an inspection, please contact Appleby Commercial on (03) 8727 9555.
Property History for B14/19-23 Macauley Pl, Bayswater, VIC 3153
- 17 Feb 2026Sold
- 21 Jan 2026Listed for Sale Contact Agent
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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 9,147 properties. Over the last 5 years, Houses in Bayswater have seen a 3.24% increase in median value, while Units have seen a 10.68% increase. As at 30 June 2026:
- The median value for Houses in Bayswater is $873,977 while the median value for Units is $674,980.
- Houses have a median rent of $650 while Units have a median rent of $578.
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