FOR SALE
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75 Drake Street
Bayswater WA 6053

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 769m2
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Supreme development site with Solid home

END DATE SALE - All offers are to be presented before 6:00pm Tuesday 4st JUNE 2024. (The seller reserves the right to accept an offer prior to the Fixed Date Sale date, without notice).
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 (Subject to relent approval)
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.
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Property Details for 75 Drake St, Bayswater

75 Drake St, Bayswater is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 769m2 and floor size of 118m2. The place is currently for sale with Honsun (Australia) Realty Pty Ltd.

Building Type
House
Floor Size
118m2
Land Size
769m2

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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 8,747 properties.

    There are currently 35 properties listed for sale, and 10 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 382 properties were sold in the past 12 months in Bayswater.

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    Bryce Xu
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    Jessie He
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    Honsun (Australia) Realty Pty Ltd
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