FOR SALE
From $990,000

46 Garratt Road
Bayswater WA 6053

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Floor area: 128m2
Land area: 711m2
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Charming Character Home with Development Potential!

HOME OPEN: 11.00 AM - 11:45 AM Sunday 3 November 2024
Unlock the potential of this beautifully preserved 1953-character home, nestled on a generous 711 sqm full block, zoned R25. Perfectly situated just 7.5 km from Perth CBD, this property offers a unique opportunity to live, invest, and develop - Subject To Council Approval.
Key Features:
• Spacious 3 Bedroom, 2 Bathroom Home: Enjoy the charm of original hardwood flooring and modern comforts, including a quality oven and hot plate, plus 3 air conditioning split systems for year-round comfort.
• Investment Ready: Currently tenanted until 26/02/2025, with a solid rental return of $690 per week and anticipated rental growth to $750 per week, providing immediate cash flow.
• Development Potential: Explore the possibility of subdividing into two 300m² lots (subject to council approval) or to construct a rear lot to maximise your investment.
• Convenient Location: 800m from the new Meltham train station, with direct access to the airport line and city, making commuting a breeze.
Nearby Amenities:
• Shopping & Dining: Enjoy a variety of cafes, restaurants, and shopping options at the Bayswater Town Centre.
• Parks & Recreation: Close to lush parks and recreational areas, including the scenic Riverside Gardens and Hillcrest Reserve, perfect for family outings or weekend picnics.
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Property Details for 46 Garratt Rd, Bayswater

46 Garratt Rd, Bayswater is a 3 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 711m2 and floor size of 128m2. The place is currently for sale with Selling Perth Real Estate.

Building Type
House
Floor Size
128m2
Land Size
711m2

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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 8,718 properties. Over the last 5 years, Houses in Bayswater have seen a 75.80% increase in median value, while Units have seen a 102.65% increase. As at 30 September 2024:

  • The median value for Houses in Bayswater is $956,782 while the median value for Units is $517,664.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 9 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Bayswater.

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Ken Suhopoljac
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Selling Perth Real Estate
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