124 Edward Street, Bedford WA 6052

This one has it all - 981sqm of land with a 20m+ frontage and located within the City of Bayswater's 'Bedford North' proposal to change residential codes to allow for higher density along with extra land uses (more details below).

The property is rented so you still have an income whilst you're figuring out your plans whether that is to build your dream home, develop or landbank whilst the neighbourhood develops further, you really can't go wrong.

With its close proximity to high-sought after schools, beautiful parks, bus stops, neighbourhood wine bar, local cafés, IGA and all other amenities only a short drive away, it is easy to see why Bedford has become one of the most sought after near-city suburbs.

Oh, and the cherry on top? The owner already has WAPC approval in place for a two-lot subdivision.

Summary:

- 981sqm of land
- Currently zoned R25, with a proposal to change it to R35 currently with WAPC for final approval (more details below)
- 20m + frontage
- WAPC approved two lot subdivision (expires 2025)
- House currently leased at $350 per week until 13th October 2023
- Around the corner from RA Cook Reserve
- Short walk to bus stops
- Short walk to local cafes on Walter Road and The Strand
- Short walk to the Grand Prom Precinct - home to the IGA, neighbourhood wine bar and local café
- Walking distance to Chisholm College and St Peters Primary
- Short drive to all other amenities and 8.5km (approx.) to the CBD

Extract from Engage Bayswater:

What is being proposed?

The draft Town Planning Scheme Amendment proposes changes in residential codes from R20 and R40 to R35 and R50 (R60 along some portions of Walter Road West) that will allow for higher density along with extra land uses around Walter Road West and RA Cook and Birkett Street Reserves. There are no changes proposed to the parks themselves. Mixed Use is proposed for commercial properties along Walter Road West with a residential code of R160. The rezoning aims to attract new business such as shops, cafes and restaurants to the area making it a more attractive, walkable and vibrant place to live.

The scheme amendment was supported by Council, and has been referred to the Western Australian Planning Commission for final approval (Feb/March 2023).

To read more: https://engage.bayswater.wa.gov.au/bedford-north