Sold
50 Reman Road, Bayswater WA 6053
Sold price: $1,040,000
Sold: 21 Apr 2025
Sold
-
3 Bedrooms
-
1 Bathroom
-
Landsize 1,012m2
House
View
Renovate or Detonate Approx 1012m2
Spanning an impressive 1,012sqm lot and zoned R25, this property offers a opportunity for the visionary buyer to take a step into the lucrative property development market.
Calling all developers, astute investors and families who are looking for the Aussie dream of a big back yard. An exciting new chapter is about to unfold for this massive 1012m2 property located in a very sought after pocket of Bayswater. This is a once in a lifetime opportunity to purchase this unique and rare property. Zoned R25 with a 20 metre frontage there are multiple options here!
The home has good bones being built in 1950 and offers 3/4 bedrooms with Jarrah floorboards and high ceilings. Yes, it is very old and tired but with some TLC, a lot of elbow grease and imagination, could be transformed to a lovely character home.
OPTION 1
Renovate the existing home and rent it out land bank your future.
OPTION 2
Renovate the existing home and subdivide the rear block. Yes, the home needs a lot of work but everything is possible. You could then potentially sell the rear block and sell/keep the front home
OPTION 3
Demolish the existing house and with WAPC approval have 2 Green Titled blocks of land side by side with street frontage.
OPTION 4
Demolish the home and build your dream home on a large 1012m2 block
OPTION 5
Potentially have three blocks of land as there is potential Triplex development here with WAPC approval. There is already three builds on the same street on the same size block of land.
This is all about location and you snooze, you will lose. Very close to all amenities. If this property's limitless potential impresses you, then so will its amazing location. Situated in the sought after suburb of Bayswater and its close proximity to the Bayswater Train Station makes for an easy commute to the CBD or Airport. With the Mount Lawley and King William Street entertainment and restaurant precincts close by, along with the Galleria Shopping Centre and Coventry Markets plus all of the retail and lifestyle amenity available in Morley are all approx. 2.5km's away, this is the perfect home for anyone seeking easy living in a convenient location.
Call Paul Ross now and arrange to make it yours.
All dimensions/sizes are approximate.
Property snapshot by reiwa.com
This property at 50 Reman Road, Bayswater is a three bedroom, one bathroom house sold by Paul Ross and Tyron D'Uva at Ross Realty WA on 21 Apr 2025.
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
$1.4m
Median
$1.2m
Low end
$975k
22.3 %
Annual growth
$1.2m
Annual median sales price
$775pw
Annual median rental price
Contact the agent
