4 Mitre Crescent, Bayswater, Vic 3153

$830,000

House
Type
3
Bedrooms
1
Bathrooms
720 m²
Area

Last updated on Friday, June 05, 2026 ( See property details for 4 Mitre Crescent, Bayswater, Vic 3153)

$830,000

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

A versatile 720sqm corner block in Bayswater offering exceptional redevelopment potential for investors and developers alike.

🏡 Property Highlights

  • Generous 720sqm corner allotment with dual street access
  • Excellent redevelopment potential for luxury homes or multi-dwelling projects (STCA)
  • Prime Bayswater location close to shops, cafés, healthcare, and public transport
  • Ideal for investors, builders, or developers seeking land value
  • Flexible design options with enhanced future resale appeal
  • Opportunity to transform or rebuild in a highly sought-after suburb

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Ceiling Fans
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Internal Laundry

Bayswater is a thriving suburb renowned for its convenient access to shopping precincts, vibrant cafés, healthcare facilities, and excellent public transport links. The area offers a strong community vibe, diverse housing options, and significant growth potential, making it an attractive choice for families, investors, and developers seeking a dynamic lifestyle and promising future prospects.

What are the development restrictions or zoning regulations for this property?
The property is subject to local council zoning regulations, and any development plans should be confirmed with Bayswater Council to ensure compliance with STCA (Subject To Council Approval) requirements.
Is the existing dwelling suitable for renovation or should I consider a complete knockdown?
The current dwelling presents an opportunity for renovation or complete redevelopment, depending on your vision and plans for the site.
Are there any easements or planning overlays that could affect development?
Potential easements or overlays should be verified through a detailed property report or by consulting with local planning authorities to understand any restrictions.
What are the nearby amenities and transport options?
The property is conveniently located close to local shops, cafés, healthcare services, and well-connected public transport options, ensuring a vibrant lifestyle.
Are there any known environmental or bushfire risks in this area?
Environmental and bushfire risk assessments should be conducted to determine any specific hazards associated with the property or surrounding area.
Are there any hidden costs associated with the land or potential development approvals? Has the property been affected by flooding or bushfire risks in recent years? Are there any existing planning restrictions or covenants that could limit redevelopment options? What are the zoning regulations and are there any upcoming changes that could impact future use? Is there any ongoing or planned nearby construction that could affect the property's value or livability? Are there any easements, rights of way, or other encumbrances on the land? What are the strata or body corporate considerations if subdividing or developing multiple dwellings? Are there any known issues with the existing infrastructure or services? What are the potential costs involved in clearing or preparing the land for development? Is the property compliant with all local building codes and regulations?

4 Mitre Crescent, Bayswater, Vic 3153 - More Details

$830,000

Type
House
Bedrooms
3
Bathrooms
1
Area
720 m²

Price guide

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