THE DEAL
Positioned on a substantial 1,014sqm landholding, this Bayswater property presents a compelling opportunity across land, location and future potential. Zoned R25, the site provides scope for two dwellings STCA, appealing to developers, investors and buyers looking to secure a sizeable parcel with options for the future.
The existing residence provides immediate usability while longer term plans are considered. Three bedrooms are supported by separate living and dining areas, together with a generous family room that adds valuable flexibility for everyday living. A kitchen, bathroom and laundry complete the main accommodation.
Outside, the scale of the block becomes clear. A covered alfresco provides space for entertaining, while the established backyard incorporates a swimming pool, pergola and additional outbuildings. A separate studio offers further versatility as a home office, creative space, workshop or additional retreat.
Vehicle accommodation is extensive, with a detached garage together with additional garage and carport areas across the property. The existing improvements provide practical use in their current form, while the underlying landholding creates the opportunity to consider a longer term redevelopment strategy.
The proposition is straightforward. Retain the existing home and enjoy the space, hold the property as an investment, or explore redevelopment into two dwellings under the R25 zoning. With 1,014sqm of land and a range of existing improvements, this is a site that offers immediate functionality alongside clear future potential.
SEALS THE DEAL
A substantial R25 landholding with an existing three bedroom residence, swimming pool, studio and extensive parking. Liveable today, with the scale of the site and zoning providing genuine scope for future redevelopment.
This property at 55 River Road, Bayswater is a four bedroom, one bathroom house listed for sale by David Murray and Adam Ghizzo at WHITEFOX Subiaco Pty Ltd.
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 David Murray or Adam Ghizzo regarding 55 River Road, Bayswater, please call David on 0433 096 102 or call Adam on 0468 543 021, or contact the agent via email.
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.
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.