In the Media

A 30,000 sqm food and beverage precinct Is opening in Moorabbin’s Ex-cigarette factory

Urban List – 02 July, 2021

Up Property pre-commits Barwon Health to Geelong office

Real Estate Source – 11 June, 2021

Up Property acquires Wantirna South Townhouse site

Real Estate Source – 07 June, 2021

Infomedia commits to Up Property’s Morris Moor

Real Estate Source – 20 July, 2020

Market Wrap – Dandenong

The Age – 18 September, 2019

Retail regeneration is a work of art

Geelong Advertiser – 24 June, 2019

Stomping Ground Morris Moor

Broadsheet – 11 June, 2019

Morris Moor is new stomping ground for pub project

The Age – 05 June, 2019

Geelong Gold

Australian Financial Review – 04 June, 2019

A window into our history

Geelong Advertiser – 21 February, 2019

Addy’s new offices add vibrancy – Mall gets a fresh start

Geelong Advertiser – 21 February, 2019

Group raises stake in Belmont strip

Geelong Advertiser – 07 November, 2018

Schots Home Emporium celebrates new Moorabbin outlet with huge sale

Herald Sun – 10 August, 2018

Startups offered co-warehousing

The Age – 31 July, 2018

Inn for the long haul

Geelong Advertiser – 09 June, 2018

Phillip Morris site reborn as business park

Australian Financial Review – 02 May, 2018

Addy on the move

Geelong Advertiser – 17 February, 2018

Fresh vision set to transform arcade

Geelong Advertiser – 16 December, 2017

CSIRO Transformation

Geelong Advertiser – 13 May, 2016

Phillip Morris stubs out at Moorabbin to light up in CBD in August

Financial Review – 03 February, 2016

Tobacco giant stubs out site at Moorabbin

The Age – 03 February, 2016

Noble Village

The Age – 30 May, 2015

Giant Belmont CSIRO site sold

Geelong Advertiser – 22 May, 2015

$7m townhouses plan for former school

Geelong Advertiser – 14 May, 2014
Back

News Journal

Opportunity brews in Bayswater

Up Property – 22 November, 2021

In another impressive demonstration of industry-leading acuity, Up Property has acquired 6 High Street, Bayswater. The site is located southwest of Mountain Highway, adjacent to the Mountain High Shopping Centre and recently upgraded Bayswater Station. Boasting a generous land area of 7,369m2 and a building area of 2,433m2, the property was purchased off-market with two long-term leases in place: one with an independent supermarket food retailer, the other with a butcher locally beloved as a Bayswater institution. Steered by the success of its portfolio and investment strategy to date, Up Property sees 6 High Street, Bayswater, as a land bank with cashflow for the near future—a long-term mixed-use development play.

An extension of Bayswater Shopping precinct—a major activity centre—Up Property’s latest acquisition is zoned Mixed-Use within the Knox City Planning Scheme. With the same foresight that paved the way for Up Property’s success in Geelong, and its continued success with Moorabbin’s Morris Moor, the developer sees its new acquisition as teeming with potential for well positioned, intelligent, large-scale development. Many of the pieces are already in place: town planning allows for a mixed-use large-scale development including commercial tenancies, apartments and townhouses. Flanked by a shopping centre, major supermarkets and three banks, the site is host to hundreds of daily visitors. Mountain Highway alone carries 37,000 vehicles past the site each day. On top of that, the refreshed Bayswater Station connects workers and locals to the CBD within 45 minutes; for those who prefer the bus, eight routes run through the station.

Up Property has been quick to strengthen relationships with 6 High Street’s existing tenants; so much so that the independent supermarket has already signed an additional lease at Up Property’s 107 High Street, Belmont.

An exciting leap forward for the sharp-eyed developer, 6 High Street, Bayswater, is a strategic gem—a well-positioned site geared for growth and community enrichment. Every figure, insight and observation points to one firm conclusion: Up Property’s newest venture is brimming with potential for a future-focused, mixed-use precinct that will serve as the heart of outer eastern Melbourne.