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Corner Block with R25 Zoning
Sitting close to the Swan River this corner block is an ideal address for your dream home or your next development.
- Corner block with frontage to both McGann and Queen Streets.
- The existing dwelling is in rentable condition. Currently leased on a month by month basis it can provide some holding income until you are ready to press the button.
- Gibbney Reserve and playground is literally two minutes walk away.
- A desirable location with potential for sub-dividing into good sized blocks with street frontage.(Subject to council approval.)
- Swan River is a direct line of only 400m (est.) away. With only 8 homes currently between this block and the river it is in Bayswater's premium pocket.
Property features
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Carports
1
Property snapshot by reiwa.com
This property at 2 McGann Street, Bayswater is a three bedroom, one bathroom house sold by Craig Boyanich and Mark Rayner at Rayner Real Estate on 07 Nov 2020.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Bayswater or see other recently sold properties in Bayswater.
Nearby schools
Bayswater overview
Bayswater is located on the northeastern side of the Swan River. It is approximately seven kilometres from the Perth CBD and close to Maylands, Morley and Embleton. Bayswater is part of the City of Bayswater municipality, which is colloquially known as the ‘Garden City’. The inner metro suburb, which has a total land area of 10 square kilometres, began its major suburban development in the late 1880s.
Life in Bayswater
Bayswater offers its residents a classic suburban environment close to urban conveniences. The Bayswater Train Station is a major feature of the suburb, which makes commuting around the Perth metro area very easy for locals. There are also plenty of schools within the area, and it is close to parks and other desirable amenities. The Morley Galleria, which is a major Perth shopping centre, is just a short drive away.
Bayswater quick stats
High end
$925k
Median
$805k
Low end
$666k
13.4 %
Annual growth
$805k
Annual median sales price
$680pw
Annual median rental price
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