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Back 33 King Street
Off Market

33 King Street

Bayswater VIC 3153

995 m²
Land
Last sold for $1,050,000
Anthony JohnsonAnthony Johnson, last sold this property on 17 July 2026 after 15 days on market.

Overview

Prime RGZ2 Development Opportunity in the Heart of Bayswater

Opportunities of this calibre are increasingly rare. Occupying an impressive 995sqm (approx.) in the highly sought-after Residential Growth Zone (RGZ2), this outstanding development site presents an exceptional opportunity for astute developers to capitalise on one of Bayswater's most desirable growth locations. Surrounded by quality townhouse and apartment developments, the property offers outstanding scope for a substantial residential project (STCA), with the potential to create an apartment development of up to approximately 14 residences or a boutique townhouse project of up to five dwellings, reflecting the successful developments already established along this tightly held streetscape. Demand for quality new homes in Bayswater continues to strengthen, with both townhouses and apartments proving exceptionally popular thanks to the area's outstanding lifestyle, transport connectivity and everyday convenience. This is an opportunity to secure a premium landholding in a location where future growth is supported by strong buyer demand and ongoing urban renewal. Perfectly positioned for future residents, the property is within easy walking distance of Bayswater Train Station, Mountain High Shopping Centre, popular cafés, restaurants and Bayswater Secondary College. Just across the road expansive parkland, Bayswater Park Playground and sporting reserves provide an enviable recreational setting that further enhances the appeal of any future development. Adding even greater convenience, Westfield Knox, EastLink and major arterial roads are all just a short commute away, providing effortless access to Melbourne's CBD, Dandenong ranges and the Yarra Valley. This is a rare opportunity to secure a premium development site in an outstanding location, offering the scope to create an exceptional residential project and prosper in one of Knox City's most sought-after growth precincts. Proudly marketed by Barry Plant Rowville-Lysterfield - 9753 2828 Photo I.D Required at all inspections

Features

995 m² lot size
Land

Estimated Value

We need at least 3 similar land plots sold in Bayswater over the last 12 months.

Property history for 33 King Street

2026
Sold
$1,050,000
17 Jul 2026 by Anthony Johnson, of Barry Plant Rowville - Lysterfield
2009
Sold
Undisclosed
23 Nov 2009 by Jasmine Kanniappan, of Professionals Wantirna Knox

Happy sellers in Bayswater

87%
87% of sellers in Bayswater reported that their sale price either exceeded or met their price expectations.

Bayswater stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 51 reviews in Bayswater over the last 12 months.

Local market activity for land plots in Bayswater

In the last 12 months, 2 land plots similar to 33 King Street, have been sold.

This represents a 200% decrease in land plots sales when compared to the previous 12 months.

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Vivian Li

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Ricko Su

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