22 View Road, Bayswater, Vic 3153

Forthcoming Auction $1,200,000 - $1,300,000

House
Type
6
Bedrooms
3
Bathrooms
4
Parkings

Last updated on Friday, March 20, 2026 ( See property details for 22 View Road, Bayswater, Vic 3153)

Forthcoming Auction $1,200,000 - $1,300,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A substantial 1020 sqm level block in Bayswater with two tenanted homes and exciting redevelopment potential for multiple townhouses (STCA).

🏡 Property Highlights

  • Enormous 1020 sq m approx. level block with 60 metres of depth
  • Lucrative GRZ4 zoning with DD06 overlay suitable for multiple townhouses (STCA)
  • Two currently leased dwellings providing immediate cash flow
  • Prime location near Bayswater Secondary College and Bayswater Village
  • Close to Dandenong Creek Trail, train station, and local amenities
  • Potential for redevelopment in a rapidly evolving neighbourhood

✨ Key Features

  • Air Conditioning
  • Open-Plan Living
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Extra Storage (Shed/Linen)

Bayswater is a vibrant suburb renowned for its leafy streets, excellent schools, and convenient access to transport and amenities. It offers a thriving community atmosphere, proximity to parks and trails, and strong growth potential, making it an ideal location for families, investors, and developers seeking a dynamic lifestyle and promising future prospects.

What are the current rental incomes for the existing dwellings?
Unit 1 is rented for $510 per week, and Unit 2 is rented for $570 per week, with an increase to $600 per week from 29/04/26.
What is the zoning and development potential of the property?
The property is zoned GRZ4 with a DD06 overlay, allowing for the construction of multiple townhouses (STCA) on the large 1020 sqm level block.
Are there any restrictions or approvals needed for redevelopment?
Yes, redevelopment plans for multiple townhouses will require council approval and adherence to local planning regulations.
What amenities are nearby?
The property is within walking distance to Bayswater Secondary College, Bayswater Village shops, train station, Dandenong Creek Trail, and various cafes and restaurants.
Is there potential for capital growth in this area?
Yes, the neighbourhood's ongoing redevelopments, excellent location, and zoning make it a promising area for future capital appreciation.
Are there any planning or zoning restrictions that could affect redevelopment plans? What are the potential costs for council approvals and permits for building multiple townhouses? Are there any existing easements, covenants, or restrictions on the property? Has the property been assessed for flood or bushfire risks? Are there any upcoming developments or construction projects nearby that could impact the property? What are the strata or body corporate considerations if subdividing or building multiple dwellings? Are there any hidden costs associated with the current tenants or property maintenance? Is there any history of structural issues or defects with the existing dwellings? What are the zoning regulations regarding height, setbacks, and density for future development? Are there any environmental or heritage overlays that could influence redevelopment options?

22 View Road, Bayswater, Vic 3153 - More Details

Forthcoming Auction $1,200,000 - $1,300,000

Type
House
Bedrooms
6
Bathrooms
3
Parkings
4

Price guide

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