FOR SALE
Sale By Set Date Offers Close 20 Sept - $810,000

8 Surrey Court
Bayswater VIC 3153

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 782m2
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Surrey Splendour - Exceptional Redevelopment Opportunity in Bayswater's Premier Court

Sale By Set Date Offers Close 20 Sept - $810,000
8 Surrey Court is nestled in the serene surroundings of a sought-after and family-friendly court – where charm, comfort, and endless potential converge.
Set on a sprawling 782m2 (approx.) flat block, the property comes complete with approved plans and permits for two magnificent double-storey dwellings. Each townhouse boasts nearly 27 squares of luxurious living space, promising a lucrative development opportunity with the groundwork for success already laid.
The existing weatherboard house is positioned conveniently towards the front of the block and recently renovated for those looking for their next home or investment property. Freshly painted inside and out, the atmosphere is bright and welcoming in every corner.
Inside, you will find two well-proportioned bedrooms (one with built-in robes) and a stylish bathroom featuring new tiling and shower over the bath. The heart of the home lies in its open airy living and dining area with original timber floors; a warm space for family gatherings and entertaining guests. The well-equipped kitchen combines practicality with comfort with its gas cooking, dishwasher and ample storage.
Stepping outside, you will see an expansive deck overlooking a lush backyard, perfect for entertaining or enjoying sunny afternoons. The large double garage at the rear offers versatile workspace or additional storage, complemented by a single carport in the driveway. Additional highlights include ceiling fans, wall air conditioning units, a gas heater and a practical laundry room.
Offering unparalleled access to essential amenities and conveniences, located moments from Bayswater South Primary, Bayswater Primary, Bayswater Shops, Bayswater Station, Bayswater Secondary, parks, walking tracks, Westfield Knox, and Eastlink.
Currently rented at $1738 per month, with potential for rental growth, this property presents an attractive investment opportunity, offering time and flexibility while you put the existing plans and approved permits to work.
Opportunities like this are rare, combining immediate comfort with exceptional future potential. Whether you are an astute investor, developer or homebuyer, an inspection is a must.
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Property Details for 8 Surrey Ct, Bayswater

8 Surrey Ct, Bayswater is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 782m2. The place is currently for sale with Barry Plant - Glen Waverley.

Building Type
House
Land Size
782m2

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About Bayswater 3153

The size of Bayswater is approximately 7.9 square kilometres. It has 17 parks covering nearly 4.5% of total area. The population of Bayswater in 2011 was 11,240 people. By 2016 the population was 11,749 showing a population growth of 4.5% in the area during that time. The predominant age group in Bayswater is 30-39 years. Households in Bayswater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater work in a professional occupation. In 2011, 69% of the homes in Bayswater were owner-occupied compared with 65.3% in 2016.

Bayswater has 8,935 properties. Over the last 5 years, Houses in Bayswater have seen a 20.91% increase in median value, while Units have seen a 28.26% increase. As at 31 August 2024:

  • The median value for Houses in Bayswater is $850,027 while the median value for Units is $655,361.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 34 properties listed for sale, and 10 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 310 properties were sold in the past 12 months in Bayswater.

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Pejman Mardani
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Adrian Goegan
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Barry Plant - Glen Waverley
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