417 Guildford Road Bayswater WA 6053. Development Potential – Corner Location

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417 Guildford Road, Bayswater WA 6053

Offers From $1,000,000

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$1M - $1.05M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 1 Bath 1 Car 597 m²

Listed: yesterday

Updated: 3 hours ago

Overview

This corner development site in Bayswater presents a rare opportunity, combining established residential comfort with exceptional development potential. The property includes a well-maintained 1960s brick and tile home featuring four bedrooms and one bathroom, retaining charming late art deco elements that contribute character and a distinctive aesthetic appeal.

Set on a 597 square metre block, the site’s R17.5/30 zoning allows for potential subdivision into two lots, subject to approval, making it attractive for investors or developers seeking to capitalize on the location's desirability and zoning benefits.

Functionally, the property benefits from rear right of way access, enhancing convenience and flexibility for future development or vehicular access. The home remains leased at $690 per week with the current tenancy set to expire in February 2027, offering a stable income stream for the investor.

Location advantages include proximity to multiple primary schools within a five-minute walk, easy walking access to Bayswater Village's cafes, train, and bus services, as well as nearby recreational spots such as Riverside Gardens and local dog parks. This connectivity supports a lifestyle of convenience, whether for families, professionals, or those valuing accessible urban amenities.

Original period features and good condition throughout provide a solid foundation for either occupancy or refurbishment.
Prime corner position enhances site functionality, exposure, and subdivision prospects.
Close to transport and local amenities, supporting a connected community lifestyle.
An excellent choice for buyers looking for investment opportunities with development upside or family living in an established suburb.

Local Market Insights

In Bayswater, Quiet Listings observed 20 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 $1,351,150. The property type mix of listed properties is predominantly Houses at 69%, followed by land (19%), and units (6%). The most active agency for houses in the Bayswater area is currently Haiven Property, representing 35% of new listings, followed by Lay2 Real Estate with 15%. 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.