This property is located in the tightly held boutique retail strip of King William Street in Bayswater, benefiting from close proximity to public transport and large retailers such as Pharmacy 777 and IGA X-press. The shop enjoys excellent exposure from passing traffic and offers the opportunity for great signage.
4 King William Street is ideally suited for food related uses and internally the 100 sqm (approx) space features a cool room, grease trap, exhaust system and toilet facilities. The property provides an excellent opportunity for a new operator looking to establish their business in a popular location.
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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 8,842 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:
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