160 Richmond Road, Cambridge Park, NSW, 2747

SoldAug 15, 2016

160 Richmond Road, Cambridge Park, NSW, 2747

$650,000

930 m²

House

•

30+ days on the market

Sold: Aug 15, 2016

What's around 160 Richmond Road

Renovate, Rebuild or Develop Potential, Zoned R2! 930 sq m's (approx)

If you are searching for that ideal piece of land to live on or build on, then worry no more, as this property is offering endless potential. Zoned R2, sitting on an excellent 930 square meters (approx.) of fairly flat block with over 15 meters frontage, the potential lies in building a granny flat/Duplex/secondary dwelling (STCA) and reaping benefits with great rental returns. The position of the home is premium, being ideally located close to UWS, Nepean College, local schools, Penrith/Kingswood train station, Nepean Hospital, Penrith Westfield and easy access to M4 motorway. The home itself is in need of some modernization which is perfect for a renovation project and since the property also comprises three great sized bedrooms, kitchen with lots of storage and cupboard space, formal living room, spacious bathroom, large family area, internal laundry, gated side access, double garage and a carport, the home would also make for a great starter home or investment property. The property was previously rented for $430 per week and an expected combined rental potential is $800-$850 per week if you choose to build a detached second dwelling at the back subject to council approval. Don’t miss the opportunity to view the property at the open house as it will not last long.

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Buyer's review

about 10 years ago

Verified Review

Stress free purchase

Investment property buyer

Buyer

Seller's review

about 10 years ago

Verified Review

Professional and Genuine

Sanjai is a straight talker who delivers. He managed to get a price that we were happy with for our property for significantly more than comparable properties in the area. A true professional who works through problems and does what he says. If you want an agent who will work tirelessly for you and get your house sold then look no further than Sanjai.

Seller