1086 Richmond Road Marsden Park NSW 2765

Brand new mid-rise estate | 2-5 bedroom configurations | No bushfire or flood overlays | Quiet elevated street near schools This development presents a competitively strong, low-risk entry into a growth corridor, offering brand-new, low-maintenance dwellings free from natural hazard overlays. Its mix of apartments and townhouses serves distinct buyer profiles: the two-bedroom apartments suit first-home buyers and downsizers seeking security and convenience, while the three-to-five bedroom townhouses directly target families with their practical layouts and dedicated outdoor space. The project’s completion eliminates construction risk for the purchaser, delivering immediate occupancy in a location positioned for long-term demand through proximity to established amenities and planned infrastructure. The primary decision rests on configuration selection against budget, with apartments offering yield-focused entry and townhouses commanding a premium for space. All units face typical strata obligations, though the scale of the development may dilute per-lot costs. This property is a hold for capital growth, leveraging its new condition in a family-oriented suburb. A Propcred report would pressure-test the listed price against recent sales of comparable new stock, detail strata governance, and confirm locality risks to secure financing and appropriate insurance. The land component last sold privately for approximately $37.56 million in August 2015. Current land value estimates for the site range between $700,000 and $920,000. This historical data indicates significant underlying land value appreciation, which supports the development’s current pricing structure for individual units and townhouses.