FOR SALE
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16, 18, 20 Beechboro Rd S
Bayswater WA 6053

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3036m2
Land area: 3036m2
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Discover the charm of Bayswater

Unlock an exceptional opportunity with this rare 3,036m2 land parcel nestled in the heart of the New Bayswater Town Centre. Positioned as one of the most exciting prospects over the next five years, Bayswater is undergoing a transformative gentrification, presenting a once-in-a-lifetime investment opportunity. With property experts predicting significant growth and increased demand, these properties offer a perfect blend of convenience and potential.
Location and Lifestyle:
Discover the charm of Bayswater which is only 6 kilometres northeast of Perth's central business district. The property boasts proximity to the new Bayswater train station, major roadways, and upcoming upgrades, ensuring connectivity and convenience. The town centre is evolving with new bars, cafes, and restaurants, creating a vibrant community atmosphere. Families will appreciate the nearby schools, diverse real estate options, and recreational opportunities along the Swan River and in nearby parks.
Key Upgrades and Developments:
Highlighting the strategic MetroNet location, the property benefits from recent infrastructure upgrades, including the Midland Line, new Airport Link (open), and a new train line to Ellenbrook at the end of 2024. Anticipate trains every 3 minutes during peak times by 2025. The Bayswater Hotel upgrades and the broader area activation via MetroNet and the City of Bayswater add to the appeal.
Site Features:
Encompassing 3,036m2 across three titles, this property features three buildings with holding income. With a gentle slope from North to South, the site is ideal for an open-air car park. Only 250m from the new Bayswater train station, it offers a quick 11-minute commute to the city by train and a 15-minute drive. Proximity to Morley Galleria and Riverside Gardens further enhances the location's appeal.
Zoning and Development Potential:
Benefiting from DevelopmentWA planning controls, the property falls within the MetroNet East Bayswater Project Area - Core Sub Precinct. Zoned as RACO with mixed-use classification, it allows for up to 8 storeys, offering immense development potential and options. A discretion clause applies, providing flexibility in design.
Building Details:
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Property Details for 16, 18, 20 Beechboro Rd S, Bayswater, WA 6053

Building Type
Commercial
Floor Size
3036m2
Land Size
3036m2

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About Bayswater 6053

The size of Bayswater is approximately 9.8 square kilometres. It has 40 parks covering nearly 15.1% of total area. The population of Bayswater in 2011 was 13,525 people. By 2016 the population was 14,436 showing a population growth of 6.7% 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, 67% of the homes in Bayswater were owner-occupied compared with 67.7% in 2016.

Bayswater has 8,733 properties. Over the last 5 years, Houses in Bayswater have seen a 74.22% increase in median value, while Units have seen a 86.42% increase. As at 31 August 2024:

  • The median value for Houses in Bayswater is $944,380 while the median value for Units is $492,492.
  • Houses have a median rent of $660 while Units have a median rent of $580.
There are currently 39 properties listed for sale, and 9 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 374 properties were sold in the past 12 months in Bayswater.

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Christopher Tana
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