Appleby Commercial is pleased to present 2B, 3, 4 & 5/81–83 Bayfield Road East, Bayswater North for sale—offering a rare opportunity to acquire four (4) adjoining industrial assets within a tightly held and highly sought-after precinct.Positioned within a quality multi-unit complex, these well-maintained office/warehouse facilities provide investors with strong, secure income backed by a global A-grade tenant, along with the flexibility to purchase individually or as a combined holding.Property Highlights Four (4) side-by-side industrial warehouses Available individually or in-one-line Total Income: $374,436 p.a. plus GST Located within a quality, well-maintained industrial complex High clearance, clear-span warehouse areas Container-height roller door access Ample on-site car parking Strong truck and vehicle access Functional layouts suitable for a range of industrial uses Excellent natural light throughoutInvestment Highlights Leased to Brenntag SE – global industry leader Fixed annual rental increases providing income growth Consistent income stream across all assets Opportunity to secure scale within a single location Secure long-term tenancy across all propertiesProperty BreakdownUnit 2B Building Area: 1,263 sqm Rental: $132,723 p.a. + GSTUnit 3 Building Area: 1,425 sqm (3 x 475 sqm warehouses) Rental: $159,531 p.a. + GST Flexible configuration with potential to strata or lease individuallyUnits 4 & 5 Building Area: 385 sqm each Rental: $41,091 p.a. + GST (each)LocationSituated within the tightly held Bayswater North industrial precinct, the properties benefit from excellent access to Canterbury Road, Dorset Road and EastLink—providing seamless connectivity to Melbourne’s eastern suburbs and CBD.The surrounding area is home to a diverse mix of established industrial businesses, supporting ongoing tenant demand and long-term investment appeal.Additional OpportunityThese properties form part of a broader portfolio offering and are available for purchase individually or as part of a bundled acquisition. All properties within the portfolio are leased to the same A-grade tenant, providing consistency of income and scale for investors.
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:
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