This charming 1939-built brick and tile character home sits on a substantial 999sqm block in the heart of Bayswater, capturing sweeping views toward the Perth city skyline and offering truly boundless potential.
The opportunity here is exceptional. For developers, the property presents incredible options under its R25 zoning, while owner-occupiers will immediately recognise the scope to transform this home into a stunning dream home. The potential on offer is simply unbelievable. Currently leased at $650.00 per week on a fixed term until 29 July 2026, it can also provide holding income while future plans are considered.
Ideally located, the home is just moments from the vibrant shopping and café strip along King William Street, close to well-regarded public and private schools, and within easy reach of Bayswater Train Station. Perth Airport is just over 5km away, with the Perth CBD approximately 7km from your doorstep.
Inside, the home showcases a wealth of classic character and Art Deco features, including original floorboards, rich timber skirtings and door frames, decorative cornicing, ceiling roses, original picture rails, and soaring high ceilings. Leadlight windows and a decorative fireplace in the front lounge further enhance this home's appeal, while the front veranda offers a peaceful outlook across a beautiful streetscape framed by stunning mature gum trees.
The accommodation includes a spacious master bedroom and two additional well-proportioned bedrooms, a modernised bathroom, and a thoughtfully updated kitchen featuring exposed brickwork, modernised cabinetry, and a large stainless steel standalone oven with gas cooktop. A separate formal dining room enjoys elevated city views, while a dedicated office alcove provides flexibility for working from home.
Additional features include split system reverse cycle air conditioning, a second WC, and a rear patio overlooking the expansive backyard. Outdoors, the property continues to impress with a large split-level yard, limestone retaining, a huge brick-paved terrace, a workshop, a bore, and a magnificent 100-year-old mulberry tree adding to the home's unique charm.
Completing the package is a large driveway with ample parking and a single garage, making this an incredibly versatile offering. Whether you are looking to develop, invest, or restore and create something truly special for yourself, this is a rare opportunity to secure a property with outstanding potential in a highly sought-after location.
https://bayswater.spatial.t1cloud.com/spatial/intramaps/?configId=359e0f03-92e0-4309-9024-f199f434a742&project=Public
**Council Rates - $2,441.59pa approx.
**Water Rates - $1,339.18pa approx.
Proudly Presented by Kane Sears - 0436 628 863
**This property is currently tenanted and, out of respect for the occupant, previous photographs have been used for marketing purposes. Please note that the images are indicative only, and prospective buyers are encouraged to attend a viewing to fully appreciate the home.
