155 Reynolds Rd, Mount Pleasant is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 462m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Opportunity isn't just knocking with this property, it's banging the door down!
Let's run through the many options you'll have as the new owner of a four-bedroom, one-bathroom home on an 868sqm block in the heart of fabulous Mount Pleasant.
Your first option is to demolish the old home and build your dream home on the large block, in walking distance of the foreshore and Deep Water Point Reserve. Imagine taking the dog for a walk along the river or heading out for a morning jog.
You can grab a morning coffee from Coco Belle Espresso Bar as you walk the kids to Mount Pleasant Primary School, or pick up a snack on the way back. It's a short drive to the Canning Bridge Precinct, Applecross Village and Riseley Centre for shopping and wining and dining. And, being Mount Pleasant, there are plenty of beautiful parks nearby for you to enjoy.
Adding to the benefits of the location, you'll have easy access to public transport with a bus stop almost on the doorstep and the train station at Canning Bridge.
Oh yes, a very pleasant life is waiting for you.
Your other options revolve around a home for yourself and development - the block already has subdivision approval, so this opens up a range of opportunities.
1. Retain the house, rent it out, and build on the rear 406sqm block. Then sell the new home or rent it out too.
2. Retain the house, live in it, and build on the rear block. Sell the new home, rent it out, or let family live there.
3. Knock the house down and build on both the 462sqm front block and rear block. Keep one home for yourself and sell or rent the other, or sell both.
4. Finally, build yourself a home on the front block, and retain the rear for development or sale later.
You're absolutely spoilt for choice with this property. And you don't have to make the decision now. Rent the home out and earn some income while you make plans for your future.
Inside
Lounge room
Kitchen/dining area
Four bedrooms
One bathroom
Outside
888sqm subdividable block
Front porch
Rear Patio
Carport
Garage
Garden shed
Solar panels
Estimated current: Rates $1662.34 Water $663.90 p/a
Option 1: House and Front Block $1,200,000
Option 2: Back Block $800,000
Option 3: House and both block $2,000,000
*Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about the information presented. Turner Estate Agents provides this information without any express or implied warranty as to its accuracy. Any reliance placed upon it is at the client's own risk. Turner Estate Agents accepts no responsibility for the results of any actions taken or reliance placed upon this document.*
The size of Mount Pleasant is approximately 2.8 square kilometres. It has 12 parks covering nearly 9.3% of total area. The population of Mount Pleasant in 2016 was 6684 people. By 2021 the population was 7456 showing a population growth of 11.6% in the area during that time. The predominant age group in Mount Pleasant is 50-59 years. Households in Mount Pleasant are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Pleasant work in a professional occupation.In 2021, 75.50% of the homes in Mount Pleasant were owner-occupied compared with 74.30% in 2016.
Mount Pleasant has 4,209 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 77.38% increase in median value, while Units have seen a 64.60% increase. As at 30 April 2026:
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