This generational, multi-tenanted industrial property comprises a substantial landholding of 11,566m2* with an unrivaled position on one of the eastern suburbs major commercial thoroughfares. Strategically located in the heart of the Bayswater industrial precinct with a vast array of major retailers in direct proximity, the property is ideal for land banking investors and developers. The best in Bayswater.
BUILDING AREA: LAND AREA:
11,566m 2* 3,889m 2*
10% deposit with the balance payable in 60 days TERMS OF SALE
For Sale by Expressions of Interest closing Thursday 31 October at 3pm BUY ME
3 TENANCIES RETURNING
$369,283* + GST + Outgoings As of 1st August 2025
Industrial 1 Zone (IN1Z) ZONING
I HAVE MULTIPLE TENANTS WHO REMAIN COMMITTED TO ME.
TENANT BUSINESS NAME Jax Tyres
ANNUAL RENTAL
$99,000 + GST + Outgoings (As of 1st April 2025)
LEASE TERM Five (5) years
COMMENCEMENT 1st April 2025 (Option period exercised)
OPTIONS
1 Further option period of 5 years
LEASE EXPIRY 31st March 2030
RENT REVIEW
LAND TAX
4% per annum increases
Tenant pays Land Tax on a single holding basis
$340,785PA RENT AS OF 1ST AUGUST 2025: $369,283PA + GST + Outgoings + GST + Outgoings
TENANT BUSINESS NAME
ANNUAL RENTAL
Canterbury Caravans
$54,545 + GST + Outgoings
LEASE TERM Month-to-month
TENANT BUSINESS NAME Ruband Tyres
ANNUAL RENTAL
$215,738 + GST + Outgoings (As of 1st August 2025)
LEASE TERM Three (3) Years and Nine (9) Months
COMMENCEMENT 1st August 2022
LEASE EXPIRY 31st July 2028 RENT REVIEW 3% per annum increases
I’M DIVERSE. THREE INCOME STREAMS.
I’M SUBSTANTIAL. PROLIFIC LANDHOLDING OF 11,566M2*
The property is outlined on the certificate of titles as follows.
Title 1: Volume 9925 Folio 757
Title 2: Volume 9925 Folio 758
BUILDING DETAILS
The property comprises 3 separate tenancies on 2 titles.
JAX Tyres consists of a single level showroom/warehouse of brick construction with a total building area of 825m2*.
Canterbury Caravans sits directly behind adjoining this building and presents as a single level warehouse. Both of these warehouses have internal clearance of approximately 5m.
Ruband Tyres is made up of 4 separate buildings including 1 office of brick construction 2 tilt-slab warehouses and 1 warehouse of tin plated steel.
THE TOTAL BUILDING AREAS ARE APPORTIONED AS FOLLOWS:
LAND AREA
11,566m 2*
Canterbury Caravans
JAX 825m 2* 660m 2*
Ruband Tyres
2,404m 2*
COMBINED BUILDING AREA
3,889m 2*
*approximately
BAYSWATER
3153
Dorset Road, Bayswater North is one of the most prominent commercial thoroughfares in Melbourne’s outer east. Being 200m away from the popular Canterbury Road intersection, this commercial precinct is like few others within Metropolitian Melbourne. Canterbury Road is home to a vast array of major retailers including Bunnings, Officeworks, Sydney Tools, BCF, Anaconda, Supercheap Auto, Autobarn, Repco & Spotlight amongst many others. All of these retailers are located within 1km of the site, offering immediate access and convenience for all surrounding and neighbouring businesses.
I’M IN GREAT COMPANY.
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.
WHAT, WHEN & HOW?
For Sale by Expressions of Interest closing Thursday 31 October at 3pm
Terms: 10% deposit with the balance payable in 60 days
Payment of Deposit Options:
1. Cheque – Personal or Bank payable to Aston Commercial Sales Trust Account
2. Macquarie Direct Debit Pay via secure portal link
DISCLAIMER
“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.
