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705 Mountain Highway
Bayswater VIC 3153
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Sold on 30 Aug 2021

705 Mountain Highway Bayswater VIC 3153

  • Development / Land
  • 1,398 m²
  • Sold

Bayswater Activity Centre Investment with Strong Development Upside

  • High profile corner position
  • Net income of $201,000 per annum*
  • The heart of Bayswater's activity centre

Stonebridge Property Group are pleased to present for sale 705 Mountain Highway, Bayswater.

A number of key investment highlights:

+ A high profile corner position on a large 1,398sqm* site
+ Commercial 1 Zone allowing flexible use and development outcomes
+ Located in the heart of Bayswater's activity centre, only 200m* away from Bayswater Train Station and 150m* from Mountain High Shopping Centre
+ 11 dedicated car parks on site
+ Current net income of $201,000* + outgoing and GST
+ Huge exposure and easy street parking options in all directions
+ Situated on the highest point of Mountain Highway with phenomenal view aspects in all directions
+ Precedent of 7 levels achieved directly across Valentine Street
+ Large frontages of 36m* to Mountain Highway and 48m* to Valentine Street with additional rear laneway access
+ All the right fundamentals are there for a successful development - train station, bustling retail activity centre hub
+ Existing building floor area of 566 sqm*
+ 11 dedicated car parks on site

*approximate

To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.

Chao Zhang
0411 625 068

Julian White
0422 764 137

Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold30 Aug 2021
Floor Area566 m²
Land Area1,398 m²
Parking11 x Onsite parkings
Property ID2016789080
Category
Last updated  28 Jul 2021
Map for 705 Mountain Highway Bayswater VIC 3153

Nearest transport* to 705 Mountain Highway Bayswater VIC 3153

Bus
Train
Bayswater SC/High St (Bayswater)245 m
Bayswater Station/Station St (Bayswater)261 m
Bayswater Station/Station St (Bayswater)278 m
View Rd/Mountain Hwy (Bayswater)293 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold30 Aug 2021
Floor Area566 m²
Land Area1,398 m²
Parking11 x Onsite parkings
Property ID2016789080
Category
Last updated  28 Jul 2021

Co-Agents

Chao Zhang 张超
Chao Zhang 张超
Stonebridge Property Group VIC
Call
+61 411 625 068
Julian White
Julian White
Stonebridge Property Group VIC
Call
+61 422 764 137

More about 705 Mountain Highway Bayswater VIC 3153

705 Mountain Highway Bayswater VIC 3153 is categorized as Land & Development Property. It has a floor area of 566 m² and a land area of 1,398 m². There are 11 x onsite parkings.The listing ID for this property is 2016789080.

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