Sold
42 Katanning Street, Bayswater WA 6053
Sold price: $585,000
Sold: 28 Jul 2020
Sold
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2 Bedrooms
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1 Bathroom
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Landsize 1,013m2
House
View
Kash in on Katanning
Triplex sites are getting rare in Bayswater and this potential Triplex site has the bonus of a rentable asset or move straight in to this cosy 2 bedroom home with polished floorboards, high ceilings and a great location close to everything.
Zoned R25 and beautifully elevated of the street, there are multiple options here with side rear access to the large back yard. Yes it's 1013m2 but with WAPC approval and a 5% variation this site could potentially have three separate subdivided lots.
If you act quickly you might even be able to take advantage of the Government incentives for building and developing land.
Some potential options for this property:
1. Potentially retain the existing home with approximately 5 meters side/rear access and subdivide the rear block
2. Demolish the existing home and potentially build three new homes or have three blocks of land to sell
3. Demolish the home and have two potential Street Front blocks with an approximate frontage of 10 meters
4. Demolish the home and have a lovely elevated street front block with another large block at the rear
5. Simply move straight in or rent it out and landbank your future
This property ticks so many boxes for the future with Tonkin Highway North and South entry just a minute away, Perth Domestic and International Airports just a few minutes' drive and only 1km to the new Baywater/Forrestfield Airport Link.
Also only a short stroll to the beautiful Swan River and less than 10kms to the CBD.
Year of build 1956
Water Rates approximately $1000
Council Rates approximately $1400
Property snapshot by reiwa.com
This property at 42 Katanning Street, Bayswater is a two bedroom, one bathroom house sold by Paul Ross at Ross Realty WA on 28 Jul 2020.
Looking to buy a similar property in the area? View other two 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
$900k
Median
$795k
Low end
$650k
11.1 %
Annual growth
$795k
Annual median sales price
$670pw
Annual median rental price
