Seize the opportunity for an outstanding return with this 745m parcel of prime residential land. Ideally situated in a central location, this land offers unparalleled convenience being close to schools, shops, and public transport, and comes with approved plans for three two-story townhouses.This is an exciting prospect for developers, builders, and astute investors to secure a substantial parcel of land with completed design and detail work.Architectural Features:Three Town Residences: Each townhouse is designed to maximize the use of the allotment, featuring separate ground-level entries.Spacious Layouts: Each residence includes four bedrooms, two bathrooms, and a secure garage.Modern Urban Lifestyle: The designs highlight generous, open-plan living and dining spaces, a fully fitted kitchen and laundry, and second-level accommodations with a central bathroom and full ensuite.2 minutes drive to Bayswater Primary School3 minutes drive to Bayswater Secondary College2 minutes drive to Our Lady of Lourdes Primary School3 minutes drive to Bayswater West Primary School450 meters to Bayswater Shopping Centre550 meters to Bayswater Train Station2 minutes drive to Marie Wallace Bayswater Park6 minutes drive to Westfield KnoxEnjoy the convenience of a leisurely stroll to local restaurants and cafes, making this a highly desirable location for future homeowners. This property represents a unique and profitable investment opportunity with all the hard work already done for you.
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 9,055 properties. Over the last 5 years, Houses in Bayswater have seen a 13.10% increase in median value, while Units have seen a 16.12% increase. As at 30 November 2024:
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