522 Bayswater Rd, Mount Louisa is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Welcome to this exceptional property, offering a high-set family home with a completely self-contained premises underneath, providing endless possibilities for extended families or passive income seekers.
Downstairs: Fully self-contained and recently fully renovated, this space boasts modern tiles throughout, a contemporary bathroom, and a well-equipped kitchen. The open plan kitchen/dining/lounge area offers seamless living, while two spacious rooms provide comfort for restful sleep. Additionally, a convenient laundry provides further functionality. Step outside to the rear concrete patio, perfect for outdoor gatherings and relaxation.
Upstairs: This lovely home features three bedrooms, all with built in robes, each promising a peaceful retreat. The huge rear deck offers a serene space to enjoy the outdoors. The main bathroom with a separate toilet ensures convenience for the entire household. The combined kitchen/dining and living room, with beautiful timber floors, radiates warmth and charm.
Endless Possibilities: This unique property is ideal for extended families seeking a comfortable living arrangement or for savvy investors looking to generate passive income. Upstairs and downstairs are on separate meters, and the previous owner lived comfortably in the fully renovated self-sufficient downstairs section while generating a fantastic $370 per week return from the upstairs rental.
Additional Features:
• Large shed at the rear of the property, providing ample storage space.
• Undercover carport for convenient parking.
• Automatic sliding front gate, ensuring security and privacy.
The size of Mount Louisa is approximately 10.2 square kilometres. It has 10 parks covering nearly 4.3% of total area. The population of Mount Louisa in 2011 was 7,992 people. By 2016 the population was 8,830 showing a population growth of 10.5% in the area during that time. The predominant age group in Mount Louisa is 0-9 years. Households in Mount Louisa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Louisa work in a professional occupation. In 2011, 66.4% of the homes in Mount Louisa were owner-occupied compared with 62% in 2016.
Mount Louisa has 3,977 properties. Over the last 5 years, Houses in Mount Louisa have seen a 59.81% increase in median value, while Units have seen a 135.27% increase. As at 31 July 2024:
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