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120-124 Bayfield Road East Bayswater North VIC 3153

  • Factory, Warehouse & Industrial
  • 1,382 m²
  • For Sale, Contact Agent

ONE OF BAYSWATER'S LAST SUBSTANTIAL DEVELOPMENT SITES

  • Excellent future development site
  • 17,070sqm* Industrial 1 zoned land
  • Offered with holding income

CBRE is pleased to offer 120-124 Bayfield Road East, Bayswater North for sale via Expressions of Interest closing Wednesday 15th June 2022 at 3pm AEST.

The property is being offered for sale for the first time in over 50 years and presents an opportunity to secure one of Bayswater's last significant infill development sites.

The site is conveniently positioned 150m* from Canterbury Road which provides direct access to Eastlink allowing efficient access to both the Monash and Eastern Freeway. The property also benefits from being surrounded by some of Australia's biggest brands including Bunnings, The Good Guys, Spotlight and Officeworks. A testament to its attractive location.

The Industrial 1 zoning will cater for owner occupiers seeking a last mile location or developers looking to capitalise on the Industrial boom and build small strata office/warehouses.

Property features include;

+ Total land area: 17,070sqm*
+ Total building area: 1,382sqm*
+ Office area: 267sqm*
+ Warehouse area: 1,115sqm*
+ Fully fenced secure yard
+ Functional warehouse with two roller doors
+ Dual street cross overs
+ Excellent long term development potential (STCA)
+ Industrial 1 zone
+ Currently returning $221,940 per annum + GST

For sale via Expressions of Interest closing Wednesday 15th June 2022 at 3pm AEST.

For further information, please contact the exclusively listed CBRE agents below.

*approx.

Property Highlights

Floor Area1,382 m²
Land Area1.71 ha
EnergyAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017799966
Category
Last updated  12 May 2022
Map for 120-124 Bayfield Road East Bayswater North VIC 3153

Property Highlights

Floor Area1,382 m²
Land Area1.71 ha
EnergyAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017799966
Category
Last updated  12 May 2022
Level 34, 8 Exhibition Street Melbourne VIC 3000
Alex Grima
Alex Grima
CBRE Melbourne
Sasan Misaghian
Sasan Misaghian
CBRE Melbourne
David Aiello
David Aiello
CBRE Melbourne

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