5 Serenity Place, North Richmond NSW 2754

Near-new Harkaway Home | Exclusive Belmont precinct | 1,675 m² R5 zoning | Owner-occupied street with only five homes This property occupies a rare position: a near-new homestead on an elevated 1,675 m² block within an exclusive five-home street that is 100% owner-occupied, signalling low turnover and high resident commitment. The R5 Large Lot Residential zoning, combined with the 6.6kW solar system, double glazing, and 7-zone ducted air conditioning, gives a buyer a turnkey holding with genuine energy efficiency and subdivision optionality. The wraparound verandah, stained-glass detailing, and 10-foot ceilings deliver a design edge that appeals to families seeking a long-term rural retreat within commuting distance of North Richmond’s schools and services. This property best suits a buyer who values privacy, space, and future land-use flexibility over immediate rental yield. The detected bushfire risk is a material consideration, likely increasing insurance costs and potentially limiting some financing options, though the property’s elevated position and modern construction mitigate direct exposure. The R5 zoning is an opportunity: it permits larger lot subdivision or secondary dwellings, but requires council approval and may involve infrastructure contributions. The street’s small size and owner-occupier profile reduces rental demand, making this a hold-for-occupation or staged development play rather than a short-term income asset. Buyers should budget for a bushfire assessment and engage a planning consultant to confirm subdivision feasibility before committing.