Your next project is incoming - and it's a good one.
Homebuyers, investors and developers alike will see the appeal here.
Tucked into a highly sought-after pocket between the Swan River and Bayswater Town Centre (both an easy stroll away), the location alone sets this apart.
Set across a generous 1,055sqm with R30 zoning, plus a solid, income-producing home already in place, this is a textbook retain-and-build opportunity.
The existing home delivers three genuinely big bedrooms and expansive, light-filled open-plan living. The floor plan works beautifully as is, with scope to add a second bathroom (hello, laundry conversion) and elevate the home further.
Sites of this scale and zoning, so close to the river and town centre, are few and far between.
INFO:
*1,055sqm of land
*R30 Zoning
*Rented at $650 per week until March - tenant has indicated they'd be interested in extending the lease further
*City of Bayswater
Council rates: $1,936.52 p.a
Water rates: $1,153.57 p.a