536 Walter Road East
Bayswater, WA 6053

This property presents an excellent opportunity for investors, first home buyers, or those seeking a renovation project with significant potential. Situated on a generous 731 square meter block zoned R25, the site offers flexibility for retaining the existing home and subdividing the land, subject to local council and planning approvals. Alternatively, the current residence could be demolished to fully capitalize on the expansive block size.

The home is currently tenanted by long-term tenants who have expressed interest in remaining until October 2026, paying a weekly rent of $650. This arrangement provides the new owner with the convenience of time to plan redevelopment or the option to move in and renovate the existing dwelling while enjoying the benefits of the large landholding and central location.

The residence itself features three bedrooms and one bathroom, offering a quaint and functional living space. Architectural highlights include soaring raked ceilings adorned with timber beams, which add character and a sense of spaciousness to the interior. The kitchen is practical and well-equipped, featuring a dishwasher and pantry for ample storage and convenience.

Casual dining and activity areas provide flexible living options, complemented by built-in robe storage in the master bedroom. Additionally, there is a spacious enclosed sleep-out or activity room, enhancing the versatility of the home. Comfort is assured with a split system air conditioner installed in the lounge room.

Parking is accommodated by a secure carport with additional off-street parking available. The property also benefits from rear access via the carport, facilitating ease of movement and potential subdivision access.

Located in the sought-after Bayswater area, this property offers entry-level buying in a convenient and well-connected suburb. The central location ensures easy access to the Perth CBD, major transport routes, shopping centers, and a variety of schools, making it an ideal choice for families and investors alike.

Nearby educational institutions include Hampton Senior High School, Anzac Terrace Primary School, and numerous other government and private schools, providing excellent options for families with children.

This property represents a rare chance to secure a substantial landholding with a residence that offers immediate accommodation or redevelopment potential in a thriving community. Whether you are looking to invest, renovate, or build anew, this home provides a solid foundation for your plans.

Disclaimer: The information provided is for general purposes and is based on details supplied by the seller. Prospective buyers should conduct their own investigations to verify accuracy and suitability.