Bayswater Activity Centre Investment with Strong Development Upside
705 Mountain Highway, Bayswater VIC

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

*approximate

 

To obtain further information or to arrange an inspection, please contact our exclusive selling agents.