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CVA Property Consultants - Melbourne

3/5 Newcastle Road Bayswater, VIC 3153

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3/5 Newcastle Road,
Bayswater, VIC 3153

Warehouse, Factory & Industrial

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CVA Property Consultants - Melbourne
Jarrod Moran
Stan Dawidowski

CVA Property Consultants - Melbourne

18-20 Russell Street
MELBOURNE, VIC 3000
CVA Property Consultants - Melbourne
3/5 Newcastle Road
Bayswater, VIC 3153

Map of 3/5 Newcastle Road

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A NEW CASTLE FOR YOUR BUSINESS

POINT OF INTEREST:

A perfect example of why you can judge a book by its cover; this is an asset where the street frontage is just the teaser trailer of what’s on offer. Namely, this is 442 sqm* of total strata-titled building, but it’s formatted as a small complex with three warehouses and an open-plan first-floor office. The brief was to design and deliver ample warehousing for storage-hungry tenants, or owner-occupiers, to bend and shape the floorplan to suit their industry’s needs. And it was delivered in spades. Although multi-disciplinary and multi-purpose, we see this particularly appealing to those with a trade and an appetite for organising and warehousing their supplies securely. But if you’re in the market to buy, lease out the separate warehouses, or the entire complex for maximum return. Additional selling points include five car parks on site, heating and cooling throughout the office area, and excellent truck access. Your neighbourhood in a snapshot: commercial success with automotive in bold. Although this side of Dorset Road sees plenty of industrial and commercial business, the right side is made up of residential city planning. Take your pick from Melbourne’s arterials; the M3 is 5.8 km* away or take Ferntree Gully Road to get onto the M1 — both options get you into the CBD in 45 minutes. As for public transport, Bayswater railway station sits 1.9 km* from your front door and the 737 bus is merely a 290 m* walk. 

-    Three warehouses within a small complex.
-    442 sqm* total building area.
-    32 sqm* 1st floor office.
-    5 car parks on site.
-    Industrial 1 zoning. 
-    290 m* to the 737 bus stop.
-    5.8 km* to the M3.
-    1.9 km* to the Bayswater railway station.
-    28.2 km* from Melbourne CBD.

POINT OF VIEW:

There’s a time and a place to establish yourself amongst major retailers and big names. However, it’s a more valuable investment to look at suburbs where local, independent, and niche businesses thrive — and we’ve found it. 

*Approx.
Pricing excludes GST

Property ID: 504142651Last Updated: 21 Nov 2022

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