Boutique Development Opportunity in New Bayswater Town Centre
LJ Hooker Commercial Perth as exclusive selling agents are pleased to present 7 Beechboro Road South, Bayswater for sale by offers invited, closing Thursday 31st March 2022 (unless sold prior).
The 759sqm site is well exposed to Beechboro Road South, whilst also benefiting from rear lane access and is currently utilised as a Car Yard providing a nominal holding income, having recently been rezoned under the new Bayswater Town Centre Structure Plan allowing for development potential up to 8-storeys.
The site is located approximately 250m from the Bayswater Train station, which is currently undergoing a $253 million upgrade as part of the wider Metronet project, set to support the long-term revitalisation of the Town Centre and enhance connectivity to Perth Airport, the Swan Valley tourist region & the Perth CBD.
Property Highlights:
• 4-minute walk to Bayswater Train Station, currently undergoing major upgrades
• Walking distance to King William Street retail & dining strip
• Zoned R-AC0 within the Core precinct, encouraging higher density development
• Dual street frontage with rear lane access off Drake Street
• Suits mixed-use apartment or townhouse project
• Alternative uses include NDIS, Built to Rent & SDA
• Potential for views overlooking nearby Halliday Park
• Nominal Holding income via periodic lease
• Walking distance to Bayswater Hotel that has recently changed ownership
• Easily accessible from Tonkin Highway, Guildford Road and Whatley crescent
All enquiries should be directed to the exclusive selling agent Jake Wallman.
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