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Back 20 Gibson Street
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20 Gibson Street

Richmond NSW 2753

3
2
2
714.5 m²
House
Currently for sale - view listing

Overview

R3-Zoned Richmond Opportunity | 714.5sqm with Holding Income

Positioned in a wide, quiet cul-de-sac in central Richmond, this 714.5sqm property offers developers, builders and investors an opportunity to explore the potential of an established residential site with R3 Medium Density Residential zoning, subject to council approval. The existing three-bedroom, two-bathroom home is currently leased for $660 per week, providing rental income while purchasers investigate planning options and future improvements. Within walking distance of Richmond Marketplace, Coles, cafés and everyday amenities, the property combines a convenient location with a substantial landholding. Richmond and East Richmond railway stations are easily accessible, with schools, TAFE NSW Richmond and Western Sydney University's Hawkesbury Campus nearby. • 714.5sqm landholding in a central Richmond location • R3 Medium Density Residential zoning • Potential for future development, subject to council approval • Currently returning $660 per week • Established tenants interested in remaining • Three bedrooms with built-in wardrobes; main bedroom with ensuite • Spacious lounge and dining area with split-system air conditioning • Separate meals area adjoining the kitchen • Detached garage, carport and additional rear studio space with toilet • Covered entertaining area and established backyard Retain the existing investment, renovate or investigate the site's development potential, subject to council approval. All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Features

3 bedrooms
2 bathrooms
2 carspaces
1 carport space
1 garage space
714.5 m² lot size
House

Happy sellers in Richmond

89%
89% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Richmond over the last 12 months.

Local market activity for 3 bedroom houses in Richmond

In the last 12 months, 20 three-bedroom houses similar to 20 Gibson Street, have been sold.

This represents a 61% increase in three-bedroom houses sales when compared to the previous 12 months.

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