1-3 Dorset RoadBayswater North VIC 3153
Property Details for 1-3 Dorset Rd, Bayswater North
Last Listing description (June 2019)
Commercial Real Estate Group are pleased to exclusively offer 1-3/583-585 Dorset Rd Bayswater North for sale by Private Sale for the first time in over 30 years.
Situated on 11,626sqm of prime Industrial 1 Zoned INDZ1 land and being fully tenanted returning approx. $300,000pa + GST this asset will whet the appetite of investors and developers alike.
Main Road frontage, favourable zoning, tightly held precinct and situated on two titles the future upside options are aplenty.
Located 28kms east of Melbourne CBD adjacent to Jayco Bayswater and Canterbury Caravans and surrounded by majors such as Bunnings, BCF, Canterbury Gardens Woolworths and national fast food Retailers, the property is also in close proximity to Canterbury Road, Maroondah Highway, Ringwood Bypass and EastLink.
Three tenants occupying the site:
1. Jax Tyres National Tenant (Front building of 825sqm*)
2. Canterbury Tyres Long existing tenant, building of 825sqm*
3. Ruband Tyres- 30 plus years in occupation
Note: Rear parcel of separate titled 7714sqm* land with current low site utilisation of approx. 28% or 2160sqm of outbuildings at the rear, balance of area being concreted hardstand.
*approx.
Seb Tantuccio
0421 881 795
Commercial Real Estate Group Setting the standards others follow!
Property History for 1-3 Dorset Rd, Bayswater North, VIC 3153
- 04 Jun 2019Listed for Sale Not Disclosed
Recent sales nearby
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0About Bayswater North 3153
The size of Bayswater North is approximately 6.6 square kilometres. There are 22 parks, covering nearly 6.8% of the total area. The population of Bayswater North in 2016 was 8789 people. By 2021 the population was 9014 showing a population growth of 2.6% in the area during that time. The predominant age group in Bayswater North is 30-39 years. Households in Bayswater North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater North work in a professional occupation.In 2021, 73.60% of the homes in Bayswater North were owner-occupied compared with 72.90% in 2016.
Bayswater North has 5,419 properties. Over the last 5 years, Houses in Bayswater North have seen a 0.70% increase in median value, while Units have seen a 14.04% increase. As at 31 July 2026:
- The median value for Houses in Bayswater North is $910,470 while the median value for Units is $659,742.
- Houses have a median rent of $600 while Units have a median rent of $550.
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