Sold
54 Essex Street, Bayswater WA 6053
Sold price: $786,000
Sold: 08 Jul 2021
Sold
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4 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 725m2
House
View
SOLD BY STEVE LAY
Every so often, an opportunity along comes to secure a slice of quality real estate.
None better than a corner development block in the highly desirable West Bayswater Precinct.
A 725sqm block (15m x 48M approx) zoned R60 in the already gazetted Meltham Redevelopment Zone is an offering that you will rarely see come to market.
There is a spacious original condition 1970's 4 bedroom 1 bathroom double brick home ideal for leasing while you work out your development ideas.
Or you could be a savvy owner occupier who simply buys and holds while waiting for the redevelopment to take shape around you in the years to come.
Either way, this property should get you thinking about how promising your financial future would be if you bought this property.
Serious seller looking to meet the market on price.
Council Rates: $1836 PA
Water Rates: $1231 PA
Like to buy this property?
Call Steve Lay on 0419 191 100 or the Lay2 Office on 9371 1000.
Property features
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Garages
1
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Carports
1
Property snapshot by reiwa.com
This property at 54 Essex Street, Bayswater is a four bedroom, one bathroom house sold by Steve Lay and Tom Sideris at Lay2 Real Estate on 08 Jul 2021.
Looking to buy a similar property in the area? View other four 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
$977k
22.3 %
Annual growth
$1.2m
Annual median sales price
$775pw
Annual median rental price
