Potential Triplex Site For Sale at 16 Cox Street Bayswater WA

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16 Cox Street, Bayswater WA 6053

Offers From $1,100,000

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$1.1M - $1.16M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 460 m²

Listed: yesterday

Updated: 11 hours ago

Overview

Set on a generous 460 square meter lot in the heart of Bayswater, this single-level solid brick and tile home offers an excellent balance of present comfort and promising future potential. The property features three bedrooms, a well-proportioned bathroom, and undercovers parking for two cars, complemented by mature gardens which add to the homely feel.

The exceptional benefit of this site lies in its existing R60 zoning, subject to council approval. This zoning dramatically enhances the development possibilities, making the property a valuable proposition for first-home buyers, professional couples, and astute investors alike. With a wide 23-metre frontage and 20-metre depth, the allotment provides a substantial canvas for prospective redevelopment, including the rare opportunity to consider a triplex site in this desirable location.

Additional noteworthy inclusions enhance the living experience and practicality of the home. These comprise ceiling fans to improve air circulation, a security alarm system for peace of mind, a garden shed for storage, a split-system air conditioning unit ensuring year-round comfort, and a rainwater tank — although currently not connected — which adds to sustainable living possibilities.

Strategically positioned within walking distance to the Meltham train station and close to shops, this residence offers convenience for daily commuting and lifestyle amenities. Such attributes enhance the appeal for those seeking both a strong lifestyle and prudent investment potential in the Perth area.

Local Market Insights

In Bayswater, Quiet Listings observed 17 new houses entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $1,188,118. The property type mix of listed properties is predominantly Houses at 64%, followed by land (21%), and units (7%). The most active agency for houses in the Bayswater area is currently Haiven Property, representing 35% of new listings, followed by The Agency with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.