705 Mountain Highway,
Bayswater, VIC 3153

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Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141

705 Mountain Highway

Bayswater, VIC 3153

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Bayswater Activity Centre Investment with Strong Development Upside

High profile corner position
Net income of $201,000 per ann
The heart of Bayswater's activ

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* + outgoings 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
+ Existing building floor area of 566 sqm*
+ 11 dedicated car parks on site

*approximate

705 Mountain Highway Bayswater is For Sale. To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.

Chao Zhang
0411 625 0...

Julian White
0422 764 1...

Property Code: 11

Property ID: 503755698Last Updated: 22 Sep 2021

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141