13 King William StreetBayswater WA 6053
Property Details for 13 King William St, Bayswater
Last Listing description (August 2023)
Why not add a bar to your Self Managed Super Fund or investment portfolio?
This iconic Bayswater tavern and eating house has a well established and professionally run tenancy with 4 by 5 year terms signed 2 years ago.
Excellent Nett return with CPI and market reviews.
The tavern/eating house is the only one in King William Street and has plenty of room for patrons with multiple seating areas. Pizza bar and kitchen, rear beer garden / courtyard, long bar, upstairs office and several storage rooms.
Setup 6 years ago . The business is a well attended local icon in an area which is seeing a full station redevelopment and main street rezoning for further retail, commercial plus multi storey apartments.
The property is for sale to investors looking for a great return and capital growth.
PLEASE NOTE - THE BUSINESS IS NOT FOR SALE.
The property is for sale with offers being considered from $1.25 million with a closing date of 4pm on Tuesday 9th May 2023 if not sold prior. The sellers do reserve the right to accept an offer prior to the closing date.
Call Gary Warne
Property History for 13 King William St, Bayswater, WA 6053
- 06 May 2023Sold for $1,200,000
- 12 Apr 2023Listed for Sale SET DATE SALE
- 21 Nov 2016Sold for $957,000
Recent sales nearby
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0About Bayswater 6053
The size of Bayswater is approximately 9.8 square kilometres. There are 40 parks, covering nearly 15.1% of the total area. The population of Bayswater in 2016 was 14432 people. By 2021 the population was 15288 showing a population growth of 5.9% 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, 69.50% of the homes in Bayswater were owner-occupied compared with 67.70% in 2016.
Bayswater has 8,843 properties. Over the last 5 years, Houses in Bayswater have seen a 89.77% increase in median value, while Units have seen a 135.84% increase. As at 30 June 2026:
- The median value for Houses in Bayswater is $1,270,361 while the median value for Units is $699,219.
- Houses have a median rent of $780 while Units have a median rent of $615.
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