55 River Road

Bayswater WA 6053

1014 m²

House

Currently for sale - view listing

Overview

Expressions of Interest closing Thursday 29th October at 5pm

THE DEAL Positioned on a substantial 1,014sqm landholding, this Bayswater property presents a compelling opportunity across land, location and future potential. Zoned R25, the site provides scope for two dwellings STCA, appealing to developers, investors and buyers looking to secure a sizeable parcel with options for the future. The existing residence provides immediate usability while longer term plans are considered. Three bedrooms are supported by separate living and dining areas, together with a generous family room that adds valuable flexibility for everyday living. A kitchen, bathroom and laundry complete the main accommodation. Outside, the scale of the block becomes clear. A covered alfresco provides space for entertaining, while the established backyard incorporates a swimming pool, pergola and additional outbuildings. A separate studio offers further versatility as a home office, creative space, workshop or additional retreat. Vehicle accommodation is extensive, with a detached garage together with additional garage and carport areas across the property. The existing improvements provide practical use in their current form, while the underlying landholding creates the opportunity to consider a longer term redevelopment strategy. The proposition is straightforward. Retain the existing home and enjoy the space, hold the property as an investment, or explore redevelopment into two dwellings under the R25 zoning. With 1,014sqm of land and a range of existing improvements, this is a site that offers immediate functionality alongside clear future potential. SEALS THE DEAL A substantial R25 landholding with an existing three bedroom residence, swimming pool, studio and extensive parking. Liveable today, with the scale of the site and zoning providing genuine scope for future redevelopment.