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10 Imperial Avenue Bayswater, VIC 3153

Sold for $960,000 on 17 Nov 2021
  • Land: 990.5m² (0.24 acres)
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10 Imperial Avenue, Bayswater, VIC 3153

Land in Bayswater

A prime development opportunity

  • Land: 990.5m² (0.24 acres)

Government directions require all open home attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection. We thank you for assisting us as we implement directions from the Victorian government.

THE PROPERTY
Yes, there are 4 units here on this big block, but to be honest they are well past their best and with around 990m2 of land under them, they are not the most important part of this property. Of course, it is the development opportunity that is most impressive with potential here for multiple units or a luxurious family home (STCA) putting it right in the crosshairs of builders, developers and savvy investors. In an era of record low interest rates, skyrocketing demand and a drastic shortage of worthy development sites, this property will prove to be a package that is very hard to resist.

THE FEATURES
• 4 original units on a single block & title
• Great development possibilities
• Around 990.5m2 of land
• Potential for 3-4 units (STCA)
• Possible new home site (STCA)
• A great investment opportunity
• Sure to appeal to builders & developers

THE LOCATION
Those groups of buyers will also love the location that is within walking distance of Bayswater and Bayswater West Primary Schools with buses and central Bayswater's shops, cafes and train station also just minutes away.

Land:

990.5m² / 0.24 acres