In predominantly original condition this  1950s brick and tile home offers two bedrooms on a 726 sqm block, perfect for those seeking investing in Bayswater.

Zoned for Medium and High Density Residential (R-AC3) and located in Special Control Area 15 under Development WA, the property is ideally positioned near the Meltham Train Station precinct, making it a prime candidate for future growth and development.

The location is surrounded by an array of amenities, enhancing its appeal for future development:

• Transport: Conveniently close to Meltham Train Station, providing easy access to the CBD and surrounding areas. Multiple bus routes also serve the neighborhood.
• Shopping and Dining: Minutes from the vibrant Beaufort Street strip, known for its cafes, restaurants, and boutique shops, and close to Morley Galleria and Bayswater Village shopping centers.
• Parks and Recreation: Near popular parks such as Houghton Park, Bayswater Riverside Gardens, and Maylands Yacht Club for outdoor activities.
• Schools and Education: Within proximity to several quality schools including Bayswater Primary School and Chisholm Catholic College.
• Medical and Community Facilities: Close to local medical centers, pharmacies, and community facilities.

This block is an excellent opportunity for land banking, with future wealth appreciation potential as the surrounding area continues to develop.

Key Features:

• Land area: 726 sqm
• Zoning: High Density Residential | R-AC3
• Situated in Special Control Area 15 under Development WA, near Meltham Train Station
• Currently tenanted on a periodical lease.
• Connected to sewer

Location:  Google Maps – Click Here.

Outgoings:

• Water Rates: $1,026 per annum
• Council Rates: $1,760 per annum

Open for inspection by appointment.

For more details or to arrange a viewing, contact Steve Lay on 0419 191 100 or Mick Lay on 0434 774 939.