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Exceptional opportunity to acquire 36 apartments in 'one line', consisting of a mixture of one and two bedroom units. With significant income upside and development potential, the property is ideal for light refurbishment, full renovation, or complete redevelopment.
Positioned within the City of Bayswater and zoned R50, this 7,088m² landholding presents an exceptional development opportunity. With a height limit of three storeys, the site offers strong medium to high density potential, ideal for grouped dwellings or a three-storey walk-up apartment project.
Features:
• 36 units, consisting of
- 46 East Street: 8 x one bedroom units & 14 x two bedroom units.
- 52 East Street: 4 x one bedroom units & 10 x two bedroom units
• Total land holding of 7,088m²
- 46 East Street: 4,253m²
- 52 East Street: 2,835m²
• Medium density development potential positioned in a rapidly evolving suburb
• 4 street frontages
• R50 zoning
• High-demand residential rental environment
• Close to shopping and retail hub
• City fringe location boasting transport connectivity benefits
For Sale by Expression of Interest Closing 1st April 2026 @4:00pm WST.
For further information or to arrange an inspection please contact the Agents:
Stephen Harrison
RWC (WA)
0421 622 777
Tom Jones
RWC (WA)
0478 771 117
Lachlan Burrows
RWC (WA)
0499 552 296
*Approx
Remember to mention you found this property on DevelopmentReady
Exceptional opportunity to acquire 36 apartments in 'one line', consisting of a mixture of one and two bedroom units. With significant income upside and development potential, the property is ideal for light refurbishment, full renovation, or complete redevelopment.
Positioned within the City of Bayswater and zoned R50, this 7,088m² landholding presents an exceptional development opportunity. With a height limit of three storeys, the site offers strong medium to high density potential, ideal for grouped dwellings or a three-storey walk-up apartment project.
Features:
• 36 units, consisting of
- 46 East Street: 8 x one bedroom units & 14 x two bedroom units.
- 52 East Street: 4 x one bedroom units & 10 x two bedroom units
• Total land holding of 7,088m²
- 46 East Street: 4,253m²
- 52 East Street: 2,835m²
• Medium density development potential positioned in a rapidly evolving suburb
• 4 street frontages
• R50 zoning
• High-demand residential rental environment
• Close to shopping and retail hub
• City fringe location boasting transport connectivity benefits
For Sale by Expression of Interest Closing 1st April 2026 @4:00pm WST.
For further information or to arrange an inspection please contact the Agents:
Stephen Harrison
RWC (WA)
0421 622 777
Tom Jones
RWC (WA)
0478 771 117
Lachlan Burrows
RWC (WA)
0499 552 296
*Approx
Remember to mention you found this property on DevelopmentReady
