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115 Richardson Road, Raymond Terrace, NSW 2324, 4 Bedrooms, 1 Bathrooms, House

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115 Richardson Road, Raymond Terrace, NSW 2324

4
1
2
3084m2
HouseListed on Thu Oct 17

Raymond Terrace 4 Bedroom MONEY MAKING MACHINE - Development potential

Nestled in the heart of Raymond Terrace, this sprawling four-bedroom house located on Richardson offers a lucrative opportunity for investors seeking to tap into the property market's potential. Boasting a generous land size of 3084 square meters, this property is not just a home; it's a veritable money-making machine.

This charming residence is ideally situated close to local shops, essential amenities, and both public and high schools, ensuring convenience is at your doorstep.

The true allure of this property lies in its development prospects. The expansive block presents a rare chance for subdivision into six individual lots, subject to council approval, thereby multiplying the investment potential manifold. The great side access enhances the property's appeal, providing straightforward entry for future developments or simply to accommodate extra vehicles.

In addition to its four well-proportioned bedrooms and family bathroom, the home includes ample parking spaces for two vehicles, catering comfortably to family life or tenanted living. The large backyard serves as a blank canvas for gardening enthusiasts or offers additional scope for extension or leisure facilities to augment the property's value.

Whether you're looking to capitalize on the current rental market or envisioning a grander scale project, this property is an exceptional find. With its combination of location, size, and potential, this house on Richardson is poised to be a strategic acquisition for the discerning investor.

Disclaimer:

All information contained in this listing is provided to Global Property by the third parties, and is intended as a guide only. No warranty is given as to it's accuracy and purchasers should rely on their own inquiries.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$425,000
Land3084m²
Planning ZoneLow Density Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Lot Size500 m²
Height of Building9 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Grahamstown Public School
0.56 km
Primary
K-6
Government
icsea: 908
Irrawang High School
0.74 km
Secondary
7-12
Government
icsea: 931

Property history

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Raymond Terrace surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
14 Halloran Way, Raymond Terrace
0.21 km
4
2
-m2
Year 2024 Month 12 Day 11
$825,000
Council approved
173 BENJAMIN LEE DR, Raymond Terrace
0.38 km
3
2
-m2
Year 2024 Month 11 Day 12
$555,000
Council approved
6 BALUSTER ST, Raymond Terrace
0.37 km
4
2
-m2
Year 2024 Month 10 Day 23
$710,000
Council approved
21 BILMARK DR, Raymond Terrace
0.14 km
4
2
-m2
Year 2024 Month 08 Day 29
$710,000
Council approved
19 MOXEY CL, Raymond Terrace
0.23 km
5
2
-m2
Year 2024 Month 07 Day 29
$820,000
Council approved

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Ref:R2-4305038Last update:2024-11-27 06:58:55