A FACILITY THAT DOES IT ALL

Sold - 9B/77 Bayfield Road, Bayswater

Investment opportunity, Industrial

Sale Details

Sold on 01 Apr 2025 for $2,050,000

Building Area 856m²
Rate $2,395 per m²
Yield: 4.36%

Overview

Sale History ID: 41328
Property ID: 20809
Advertised Price: $2,050,000

Description

POINT OF INTEREST:

Located in a sought-after industrial pocket, this expansive office/warehouse facility delivers the perfect blend of functionality and convenience. Spanning 464 sqm* of high-clearance, clear-span warehouse space and 392 sqm* of open-plan office across two levels, this property has been thoughtfully designed for businesses that demand versatility. Key features include air-conditioned office areas, a dedicated tech space, a staff breakout room, and 11 on-site car spaces. With great access and prominent street frontage, this is a space that works as hard as you do.
And when it comes to location, you’re covered. With direct links to Canterbury Road and major arterials, this property places you right in the thick of Melbourne’s thriving industrial network, ensuring convenience for staff and seamless logistics.

- Total building area of 856 sqm*
- Warehouse area of 464 sqm*
- Office area of 392 sqm* over two levels
- High-clearance warehouse and air-conditioned office spaces
- Tech area and staff breakout room
- 11 on-site car spaces
- Easy access to Canterbury Road and major arterials

POINT OF VIEW:

This under-let investment offers significant upside potential, with rental growth opportunities and value appreciation as leases adjust to market rates.


*Approx.
Pricing excludes GST

Additional Info
Features
TenancyRPSAustralia Group Pty.LtD.
Lease Term5 years starting 1st May 2023 with one further term of 5 years
Commenced1st May 2018
Rent Review3% annual increases, Market at options
Bond/Guarantees$20,700.00
Outgoings PayableBy Tenant as per lease including land tax
Age17 years
Air ConditionerYes to office and Tech area
Availability60 Days
Car Parking FeesInculded in rental
Car Spaces11 on site
ConditionGood
Floorscarpeted office
Height7.0 meters aprox
LiftsNo
Roller DoorsOne Container Height
SprinklersNo
Wheel Chair AccessGround Floor
ZoningIndustrial Zone 1
Outgoings
Owners’ Corporation$335.00
Building InsuranceInsurance $4,265
Council Rates4,125.00
Water RatesTBA
Land TaxTBA
Agent Details
CVA Property Consultants - Stan Dawidowski

Stan Dawidowski

M | 0400 448 755
T | (03) 9623 2556
E | [email protected]

CVA Property Consultants - Jarrod Moran

Jarrod Moran

M | 0413 251 621
T | (03) 9623 2589
E | [email protected]