A house in 62/LP11689 Bayswater VIC. It has an estimated value of $855,000. Built in 1960, featuring 3 bedrooms and 1 bathroom.
Land, Location and Lots Of Options Properties of this nature are highly sought yet rarely found. This prime allotment of 1,016sqm approx. offers the chance for the astute buyer to execute a number of exciting options (STCA). The site is currently occupied by a move in ready home with three bedrooms-one bathroom, a generous living-dining space and an updated kitchen. Theres also a freestanding dwelling in the back yard boasting a generous bedroom-living area and this is serviced by a private ensuite. The home is currently leased for $390 a week, for a six-month term which will appeal to investors. Developers however will see exceptional value in the expansive parcel that the home sits on. There is scope to use the land as a three-unit site. This may involve constructing two new dwellings behind the existing home or removing it and starting from scratch; the choice is yours. The amenity rich location of the property is an additional bonus. Its in close proximity to Bayswater Railway Station, local shopping precincts, a number of schools and parks and recreation facilities. Make your enquiries now and secure the chance to decide the future of this exceptional property.