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.
