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52 Grey Street, Bayswater WA 6053

OFFERS - From $899k

Search Band Search Visibility Band

$800k - $850k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 2 Cars 728 m² 94 m²

Listed: yesterday

Overview

52 Grey Street in Bayswater offers a rare and substantial opportunity for buyers interested in development, renovation, or building their dream home. Nestled on a generous 728sqm block with R20/25 zoning, this property presents notable development potential including a possible battle-axe subdivision, subject to approvals. Some preparatory subdivision work, such as rear lot clearing and sewerage infrastructure installation, has already been undertaken, providing a valuable starting point for prospective developers.

The existing residence comprises a functional and spacious 3-bedroom, 1-bathroom home featuring a spacious living area linked to a practical kitchen and dining space. Although the home could benefit from modernization, it serves as a practical base for buyers seeking immediate accommodation or a renovation project.

A standout feature of the property is the swimming pool, adding an appealing dimension for those opting to retain the current dwelling. The pool promises enjoyable Perth summers, enhancing outdoor leisure and entertaining options. The fenced private front yard and low-maintenance garden around the pool further contribute to ease of upkeep and outdoor privacy.

Location is a significant benefit of this property, positioned conveniently on the border of Bassendean and Bayswater. Residents enjoy close proximity to local schools, shopping centers, parklands, and the Swan River. The nearby town centers, public transport links, and easy access to the Perth CBD and Airport enhance the appeal for a variety of lifestyle needs.

This property offers remarkable flexibility, making it appealing to developers, renovators, or those seeking to build a home on a substantial inner-east Perth block. The R20/25 zoning, substantial land size, and existing subdivision preparations create a unique blend of opportunity and practicality.

Strong subdivision potential with R20/25 zoning
Generous 728sqm land holding with some subdivision infrastructure in place
Functional 3-bedroom home suitable for renovation or immediate living
Swimming pool enhances lifestyle options
Fenced and private front yard with low-maintenance garden
Gas kitchen appliances and carpeted interiors with fresh paint
Split system air conditioning and new curtains
Western orientation maximizes natural light and warmth

Nearby conveniences include the Perth CBD and Airport, major highways such as Tonkin Highway, local town centers with retail and transport options, and recreational nearby parklands. Buyers should perform due diligence regarding subdivision and development approvals with the City of Bayswater and other relevant authorities.

Local Market Insights

In Bayswater, Quiet Listings observed 18 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 $1,363,778. The property type mix of listed properties is predominantly Houses at 69%, followed by land (17%), and units (7%). The most active agency for houses in the Bayswater area is currently Haiven Property, representing 39% of new listings, followed by Lay2 Real Estate with 11%. 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.