This exciting property invites you to ignite your imagination in ways that few others allow!
The cornerstone of the offering is a huge allotment of 1,015m2, ripe for renovation or redevelopment. The scope of the land is comprehensive, with potential as a multi-unit site, or alternatively as a place to create the new family home youve always dreamed about (STCA). Some may also see value in keeping the original condition three bedroom-one bathroom weatherboard home that currently occupies the prime allotment and bringing it back to life or extending upon its existing footprint. It could also serve as a rental property, generating income while you get your plans and permits in order.
The home enjoys a position amongst a range of amenities that will add further appeal. Youre near Bayswater Train Station and local buses, the popular Bayswater shopping precinct with Mountain High Shopping Centre, and a range of speciality stores, cafes and restaurants, a number of schools including Bayswater South Primary and Bayswater Secondary, and open green spaces such as the Marie Wallace Bayswater Park, and the Dandenong Creek Trail.
Opportunities as good as this one dont come along often, so plan your inspection now to avoid disappointment.
Loci Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
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 2016 was 11758 people. By 2021 the population was 12262 showing a population growth of 4.3% 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 2021, 63.40% of the homes in Bayswater were owner-occupied compared with 65.30% in 2016.
Bayswater has 9,110 properties. Over the last 5 years, Houses in Bayswater have seen a 33.82% increase in median value, while Units have seen a 21.70% increase. As at 30 November 2025:
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