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NEW PRICE !
UNDER OFFER BY GARY WARNE !
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 approximately 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 and substantial kitchen plus a family/meals area. On the left of the dining/family room are 2 rooms. Separate dining room and the original garage that has 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. THE NEW MORLEY RAILWAY STATION, WHICH IS DUE TO OPEN SOON, IS JUST A SHORT WALK AWAY .
View with your Bayswater specialist GARY WARNE
Property features
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Air conditioned
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Garages
2
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Toilets
2
Property snapshot by reiwa.com
This property at 5 Horley Street, Bayswater is a three bedroom, one bathroom house sold by Gary Warne at Ray White Carters on 30 Nov 2024.
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: $2,127 / year
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Water rates: $1,252 / 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
$1.4m
Median
$1.2m
Low end
$975k
22.3 %
Annual growth
$1.2m
Annual median sales price
$775pw
Annual median rental price
