Banking on Bayswater with $1.06 million WA auction aquisition

A Bayswater retail property could revisit its banking roots, after being sold under the hammer to a local community bank franchise. 

Originally constructed as a banking chamber in 1975, the 83 Whatley Crescent property was purchased by Bayswater Community Financial Services Limited.

It was bought at auction for $1.06 million. 

Located directly opposite Bayswater Train Station, the property comprises a 335sqm building most recently occupied by an Elders Real Estate office.  

CBRE’s Michael Milne and Ben Younger managed the sale.