4 Railway Parade, Bayswater, Vic 3153

Presenting an exceptional opportunity at 4 Railway Parade, this expansive 968 sqm property is perfect for developers, renovators, or those envisioning building their dream home. Situated within the **General Residential Zone - Schedule 4 (GRZ4)**, this zoning encourages large multi-level developments, making the property ideal for constructing townhouses, apartments, or spacious modern dwellings.

The existing residences include 4 bedrooms with an open-plan kitchen and family area, complemented by hardwood flooring. Split-system heating and cooling provide year-round comfort, with off-street parking, two carports, and a single garage, this property is well-suited for families or investors.

The GRZ4 zoning and the generous land size offer immense potential for a complete redevelopment project. Developers can capitalize on the opportunity to create a large, multi-unit complex, maximizing the land's value and complying with the area's growth objectives. Alternatively, renovators can restore and expand the current homes into modern, luxurious spaces.

Located in a highly sought-after area, the property is within walking distance of Bayswater Secondary College, Derwent Drive Reserve, Marie Wallace Park, and Bayswater Train Station. Additionally, it's conveniently close to Woolworths and Mountain High Shopping Centre, putting everyday amenities just moments away. Don't miss this rare chance to secure prime real estate in Bayswater with endless possibilities under the GRZ4 zoning!

Features:
• General Residential Zone - Schedule 4 (GRZ4)
• Close to local amenities
• 968 Sqm of land Approx 
• Development site or build your dream home 
• Potential to renovate 
• Two units 
• Hardwood flooring 
• Split system heating and cooling 
• Open plan kitchen and living 
• 4 Bedrooms 
• 2 Bathroom 
• Laundry 
• Two car ports and single car garage

Location:
Nestled in a highly sought-after Bayswater locale, this property offers unparalleled convenience and lifestyle options. Enjoy easy access to Bayswater Secondary College, making it perfect for families. Nearby, Derwent Drive Reserve and Marie Wallace Park provide beautiful green spaces for outdoor activities and relaxation. Commuters will appreciate the close proximity to Bayswater Train Station, ensuring seamless travel to the city. Plus, with Woolworths and Mountain High Shopping Centre just moments away, all your shopping needs are catered for. This prime location truly combines the best of suburban living with urban accessibility.

Onsite Auction Saturday 26th of October at 12pm