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.