For Sale by Expression of Interest closing Thursday 6th June at 3pm
This generational industrial property comprises a substantial landholding of 19,168m2 with unrivaled exposure to one of the Eastern suburbs major arterial roads and is strategically positioned in the heart of the Bayswater commercial precinct with immediate access to a vast array of major retailers. All developers, investors and future owner-occupiers take note - this is the absolute best that Bayswater has to offer.
Expression of Interest closing Thursday 6th June at 3pm
19,168m2*
The property is offered with a short term lease back of $540,000 pa and Vacant Possession in 2 years.
10% deposit with the balance payable in 60/90 days
Industrial 1 Zone (INZ1)
19,168 m2
Lucrative site of 19,168m2 in one of the eastern suburbs most popular and tightly-held locations
Unrivaled exposure to Canterbury Road highlighted by a frontage of 101m* gives owner occupiers a rare opportunity to join a host of national retailers.
The property is outlined on the certificate of title as follows: Volume: 10175 Folio: 605
Substantial industrial site strategically located in the heart of the Bayswater commercial precinct. Ideal for a premium industrial development.
One (1) year lease with a further one (1) year option returning $540,000 p/a (net) provides security of holding income whilst you plan for the next phase of the sites life.
The site has undeniable development potential with endless possibilities and options. The exposure to Canterbury Road lends itself to National operators to set up a state of the art showroom and warehousing, right through to a high tech industrial business park.
23 office/warehouses
Sizes ranging from 171 - 885m2
Site Coverage: 55%
To highlight the vision we provide three options. Full drawings available on request. Option 1
Two larger warehouses Sizes of 4,816 & 4,626m2 Site Coverage: 47%
32 office/warehouses
Sizes ranging from 131 - 648m2
Site Coverage: 53%
The site offers unrivalled frontage of 101m* to Canterbury Road, allowing for maximum exposure from thousands of passing cars daily.
Bayswater is well connected, offering direct access to a number of major arterial roads including EastLink & Eastern Freeway (M3), Maroondah Highway & Dorset Road as well as Canterbury Road which itself allows for ease of transportation through Melbourne’s eastern suburbs and into the Melbourne CBD.
The location is set to further benefit from the completion of the North-East Link project, which will connect the Metropolitan Ring Road (M80) and the Eastern Freeway (M3) allowing for reduced travel times significantly between Melbourne’s northern and eastern suburbs.
140 Canterbury Road, Bayswater is strategically located in the heart of the popular Bayswater commercial precinct, just 30 minutes from Melbourne’s CBD. DORSET
142.33m*
For nearly 50 years the site has been operated as a caravan yard. The central boulevard is flanked by hardstand used for the display of new and used caravans.
Theres is a near new office/sales building of 271m2 (approx) and three associated sheds/warehouses used for caravan pre-delivery, servicing, parts and accessory sales and storage. These buildings are approximately 1,700m2 .
All improvements are well maintained and in great order for ongoing use.
TENANT PROFILE
Bayswater Jayco is one of the largest Jayco sales outlets in Australia with a wide range of New Jayco’s, Pre-Owned Caravans, an Accessory and Service Departments with onsite parking. For all your caravan needs, there’s no better place than Bayswater Jayco. Here at Bayswater Jayco, we enjoy a partnership with Jayco Caravans that spans over 45 years. During this time, we’ve received numerous awards for sales and customer service. In fact, you’ll soon discover we’re committed to excellence in every area of our operation.
https://www.bayswaterjayco.com.au/
PROPOSED LEASE BACK TERMS
TENANT BUSINESS NAME Bayswater Jayco
NET RENTAL
$540,000 per annum plus GST
LEASE TERM O ne (1) year
COMMENCEMENT From signing of Contract of Sale
OPTIONS O ne (1) year
SPECIAL CONDITIONS
From lease expiry lease will be month by month with 3 months’ notice by either party to vacate or end lease.
Canterbury Road, Bayswater is one of the most prominent showroom/large format retail locations in the eastern suburbs of Melbourne and is home to a vast array of major retailers including Bunnings, Officeworks, Sydney Tools, Tradelink, Anaconda, Supercheap Auto, Autobarn, Repco, BCF and Spotlight amongst many others.
All of these retailers are located within 1km of the site, offering immediate access and convenience for all surrounding businesses.
Bayswater stands as a vibrant commercial hub nestled within Melbourne’s diverse landscape.
Boasting a strategic location with easy access to major transportation routes, including highways and railways, it serves as a pivotal point for businesses seeking convenience and connectivity.
The area’s commercial landscape is characterized by a mix of retail outlets, restaurants, and service providers, catering to the diverse needs of both residents and visitors. With its dynamic community spirit and a bustling atmosphere, Bayswater fosters a conducive environment for entrepreneurial ventures to thrive.
Its proximity to residential neighborhoods ensures a steady flow of foot traffic, while its evolving infrastructure and amenities continue to attract enterprises looking to establish a presence in this bustling suburb
City of Knox
Date:
Terms:
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.
*Approximate