THE AVENUE
Bayswater North
CONSTRUCTION UPDATE:
Site cuts and surveying complete and retaining walls & fencing nearing completion.
Slabs to commence May 2024.
Estimated Completion: Stage 1 – Late 2024.
Estimated Completion: Stage 2 – Early 2025.
Location
Bayswater North is a suburb of Melbourne Victoria, 34 km from Melbourne's CBD in the leafy eastern suburbs and located within the City of Maroondah local government area. There is a small local shopping centre, Canterbury Gardens, which is anchored by a Woolworths supermarket. The majority of facilities for residents are located in Bayswater and nearby major shopping centres Westfield Knox & Eastland.
The nearest railway station is Bayswater railway station, on the Belgrave railway line. It is a Premium station and is located in Myki zone 2. Buses from several companies also service the area, linking residents directly with Bayswater station, surrounding suburbs and the retail and commercial precincts of Ringwood, Croydon and Westfield Knox.
Lifestyle
The Avenue, Bayswater North is positioned on the doorstep of the Dandenong Ranges and the stunning Yarra Valley. It is ideally located between the retail precincts of Bayswater, Croydon, Knox and Eastland shopping centres. It is complemented with easy access to Eastlink and Melbourne's major arterials and surrounded by well-established suburbs and convenient to modern amenities and transport. The size of Bayswater North is approximately 6.6 square kilometres. It has 22 parks covering nearly 6.8% of total area.
Designs
The Avenue, Bayswater North is ideal for first home-buyers, down-sizers or investors. These properties offer lifestyle, convenience, and surrounded by well-established suburbs and convenient to modern amenities and transport, these dwellings provide a unique opportunity for any buyer.
The Avenue consists of 39 dwellings:
3 Single Storey Villas all with 3 bedrooms. 2 bathrooms and double lock up garages.
36 Townhomes with a variety of 2, 3 and 4 bedroom options with double & single lock up garages.
Offering a selection of facades, floorplans and internal colours ensures each buyer is able to select the best option for their personal style of living.
Inclusions
With quality Stainless Steel Appliances, Stone Bench Tops, Ducted Heating, Split System cooling & Laminated Timber floors included, these properties offer the best in home living!
Affordable yet filled with luxury inclusions, The Avenue offers a full turnkey solution with everything included.
Invest
Bayswater North forms part of the City of Maroondah and recorded a population of 9,014 at the 2021 census. It is part of a significant industrial and commercial precinct, which accommodates over 35,000 employees. The median price for a 3 bedroom house in Carrum Downs is $837,500 (realestate.com.au). Rental yields for houses are currently 3.33% with an average median rent of $490 weekly (yourinvestmentpropertymag.com.au).
The vacancy rate at September, 2023 was as low .08%. (sqmreasearch.com.au).
