View
TOP INVESTMENT !
CLOSING DATE THIS TUESDAY 26th NOV.
OPEN THIS SAT 23NOV 12 - 12.45PM.
Located in Houghton Park area of Bayswater near the new MORLEY RAILWAY STATION opening early next year.
Solid Brick and Tile 3 bedroom home on BIG 728 sqm block zoned R25. By knocking over the separate double garage at the front and the 2 rooms at the left side of this home you then create access to the rear yard and a potential rear lot of between 300 and 320 sqm subject to council approval , of course.
Its currently let out returning $600 per week, with a tenant who would like to stay on, so RENT IT until you are ready to develop the property, or move in and begin the process . Its up to you !
With the Perth real estate market leading the rest of Australia for price growth ensure you make the most of this opportunity to be able to buy a great investment. Properties with this sort of potential are very rare at present, especially in such a good location.
The home itself offers a large lounge and a family, plus substantial kitchen and formal dining room. On the left of the dining/family room are 2 rooms that were the original garage and have been converted to storage or extra accommodation. Outside a huge outdoor entertaining area overlooks a large grassed backyard and a small workshop, perfect for storage or tinkering.
Located in a quiet street, handy to shops, transport and Tonkin Hwy for easy access, and the Galleria shopping centre only a few minutes drive away.
CLOSING DATE SALE with offers considered in the $800,000's on 4pm Tuesday 26th November 2024. The seller reserves the right to accept an offer before the closing date. Obviously it would need to be a very attractive offer.
View with your Bayswater specialist GARY WARNE
Property features
-
Air conditioned
-
Garages
2
-
Toilets
2
Property snapshot by reiwa.com
This property at 5 Horley Street, Bayswater is a three bedroom, one bathroom house listed for sale by Gary Warne at Ray White Carters.
For more information about Bayswater, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Bayswater profile page.
If you would like to get in touch with Gary Warne regarding 5 Horley Street, Bayswater, please call 0411 588 334 or contact the agent via email.
Cost breakdown
-
Council rates: $2,127 / year
-
Water rates: $1,252 / year
Ready to progress?
Organise your gas connection
Switch or stay with Kleenheat
Track this property
Track propertyNearby 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
$1.1m
Median
$880k
Low end
$763k
19.5 %
Annual growth
$880k
Annual median sales price
$700pw
Annual median rental price
