33 King Street, Bayswater, Vic 3153

$1,100,000 - $1,200,000

Residential Land
Type
995 m²
Area

Last updated on Friday, July 03, 2026 ( See property details for 33 King Street, Bayswater, Vic 3153)

$1,100,000 - $1,200,000

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

Exceptional 995sqm residential development site in Bayswater offering significant scope for townhouse or apartment projects in a prime, growth-focused location.

🏡 Property Highlights

  • Prime 995sqm development site in Bayswater's highly sought-after RGZ2 zone
  • Outstanding location within walking distance to Bayswater Train Station and amenities
  • Potential to develop up to 14 apartments or five townhouses (STCA)
  • Surrounded by quality townhouse and apartment developments
  • Close to major transport links including EastLink and arterial roads
  • Adjacent to expansive parkland, recreational reserves, and Bayswater Park Playground

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views

Bayswater is a vibrant suburb renowned for its strong community feel, excellent transport links, and diverse amenities. It offers a thriving lifestyle with easy access to shopping centres, parks, and recreational facilities. The area is experiencing ongoing urban renewal, making it an ideal location for future residential developments. Its proximity to major roads and public transport ensures convenient connectivity to Melbourne’s CBD and surrounding regions. Bayswater’s appealing mix of lifestyle and growth prospects makes it a highly desirable place to live and invest.

What types of residential developments are permitted on this site?
The site allows for townhouse and apartment developments, with potential for up to five townhouses or approximately 14 apartments, subject to council approval (STCA).
What amenities and transport options are nearby?
The property is within walking distance to Bayswater Train Station, Mountain High Shopping Centre, cafes, restaurants, and Bayswater Secondary College, with major roads like EastLink easily accessible.
Are there any restrictions or zoning considerations for development?
The property is located in the Residential Growth Zone (RGZ2), which supports medium-density residential development, subject to council approval and planning regulations.
What recreational facilities are available in the vicinity?
Adjacent to expansive parkland, Bayswater Park Playground, and sporting reserves, providing excellent recreational opportunities for future residents.
Is there potential for future growth and urban renewal in Bayswater?
Yes, Bayswater is experiencing ongoing urban renewal with strong buyer demand, making it an ideal location for future residential projects.
Are there any existing easements, covenants, or planning restrictions affecting the site? Has a recent land survey been conducted to confirm boundaries and dimensions? Are there any known environmental issues or contamination on the property? What are the zoning regulations and development approval requirements? Are there any upcoming infrastructure projects or planning changes in the area? Is the property subject to any strata or community title considerations? What are the potential costs associated with site preparation and development approval? Are there any bushfire or flood risks associated with the location? Is there any existing infrastructure or services on the land, such as water, sewer, or electricity? Are there any restrictions on building height or design due to local planning policies?

33 King Street, Bayswater, Vic 3153 - More Details

$1,100,000 - $1,200,000

Type
Residential Land
Area
995 m²

Price guide

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