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Drake Street, Bayswater WA 6053

Listed price: SOLD BY BRYCE Sold: 03 Jul 2024
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 769m2
House
Drake Street, Bayswater WA 6053

Supreme duple site with solid home

This property has been held in family since 2001 outlining that opportunities like these should not be missed. Secure your next project with this duplex development block, nestled on a quite street of Bayswater, stone throw away from local parks, few blocks away from primary school. One of a rare duplex blocks in Bayswater boasting the broad, 20 metre frontage all developers been looking for.

Developers take note, 769sqm of R25 (duplex) site, wide selections of options

Option 1: Keep the original building and subdivide the back. (Garage on the side needs to removed)
Option 2: Two side by side block subdivision
Option 3: Keep the original property and bring it back to its glory time.

The 1960's single level home could provide great rental income, owner has done some extension to the property (a extra room and bathroom)

From this location, the residents enjoy being positioned only moments from the parkland and within easy access to transport, conveniences, Swan river and sought after local amenities. Your children can walk to Hillcrest Primary which is located on the same street.

Note, this property is sold on an "as is where is" basis.
Survey report available upon request.

Disclaimer:
Although every effort has been taken to ensure the information provided for this property is deemed to be correct and accurate at the time of writing it cannot be guaranteed, reference to a school does not guarantee availability of that particular school, distances are estimated using Google maps. Buyers are advised to make their own enquiries as to the accuracy on this information.

Property features

  • Garages 1
  • Toilets 2
  • Floor area 118m2

Property snapshot by reiwa.com

This property on Drake Street, Bayswater is a three bedroom, one bathroom house sold by Bryce Xu at Honsun Realty on 03 Jul 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.

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 $955k
Median $830k
Low end $700k
16.9 %
Annual growth
$830k
Annual median sales price
$660pw
Annual median rental price

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FAQ's

This property in Bayswater sold on 3/7/2024, however the final sale price was not disclosed.

The median house price in Bayswater is $830,000, the median unit price is $350,000.
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