Bayswater
10A Church Street,
Bayswater, VIC 3153
Retail
Price Information
Private Sale
$280,000
Key property information
Floor Area: 85m²
Yield: 3.21%
VERSATILE RETAIL INVESTMENT
Appleby Commercial is pleased to offer 10A Church Street, Bayswater to the market for private sale.Strategically positioned within a well-established local shopping strip just off Mountain Highway, and directly opposite Woolworths Bayswater, this 85 square metre property offers a flexible open-plan layout, ideal for a variety of retail or professional uses.
The premises are currently leased to a long-standing hairdressing salon, in occupation since 2022. The tenant is operating on a month-to-month lease, with ongoing discussions for a new lease (3 year lease @ $13,000 net per annum) – offering flexibility for investors seeking either continued rental income or future value-add potential.
PROPERTY ATTRIBUTES
- Total Building Area: 85 Square Metres (approx)
- Versatile Open Floorplan
- Excellent Natural Light
- Kitchenette
- Rear Access
- Ample On-Site Customer Parking
- Great Location Opposite Woolworths Supermarket
- Walking Distance to Bayswater Station
- Existing tenant will enter a new 3 year lease @ $13,000 net per annum