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OPPORTUNITY KNOCKS!
Renovate or detonate, roll up your sleeves, renovators delight. They all fit!
In all of my years in real estate I don't think I have seen a house that is cosmetically worse. The building itself looks okay, not that I am a builder (make your own investigations there), but boy does this place need work.
To give you some idea, if I was buying it, I would turn off the power, rip out all cabinetry and floor coverings then power wash all of the walls and windows before starting.
But lets not forget the detonate part. Situated on a 752 sqm duplex block you could just bulldoze what's here and subdivide into 2 lots, subject to City of Bayswater approval of course. The zoning is R25.
It's a 3 bedroom , 1 bathroom home in a great location near Houghton Park and "Charlies Corner".
The property is being sold on an as is , where is basis. What you see is what you get!
What a fantastic opportunity for you to break into the Bayswater market at an affordable price if you want a renovation project.
It's a closing date sale with all offers being submitted for consideration 4pm Tuesday 31st January 2023. Expecting a sale somewhere around the Mid to High $400,000's
To view call GARY WARNE
Property features
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Carports
2
Property snapshot by reiwa.com
This property at 29 Grey Street, Bayswater is a three bedroom, one bathroom house sold by Gary Warne at Ray White Carters on 03 Feb 2023.
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.
Cost breakdown
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Council rates: $1,645 / year
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Water rates: $1,062 / year
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
$965k
Median
$838k
Low end
$700k
15.5 %
Annual growth
$838k
Annual median sales price
$650pw
Annual median rental price
