11/8-14 Bosworth Street, Richmond NSW 2753
11/8-14 Bosworth Street, Richmond NSW 2753
Top-floor positioning | high owner-occupier building | freshly updated interior | dual parking spaces | strong rental demand
This unit’s top-floor location within a predominantly owner-occupied building of 41 units provides a rare configuration advantage for a buyer—reduced noise risk, greater privacy, and a stronger likelihood of well-maintained common property. The dual parking allocation (one secure garage plus an additional space) is an uncommon feature in this price bracket and directly improves both daily convenience and future resale appeal. The fresh carpet and full repaint mean no immediate capital outlay, allowing a buyer to occupy or lease immediately. It is best suited to a first-home buyer, downsizer, or investor seeking low-maintenance exposure to Richmond’s established amenity without the compromises typical of entry-level stock.
The primary risk is the absence of recent comparable sales for this exact unit, making precise valuation dependent on broader building transactions and the current price guide range. The 2013 last sale date offers no current benchmark. That said, the 70% owner-occupier ratio and four recent sales in the complex signal stable demand and limited speculative turnover. The property carries no overlay or hazard exposure, and the fibre-to-premises NBN is a genuine advantage for remote workers. The opportunity lies in the building’s strong ownership profile and the unit’s move-in condition, which together reduce holding risk and support consistent rental income in a market where updated stock is scarce.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/8-14 Bosworth Street, Richmond NSW 2753
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Richmond presents as a well-established, family-oriented suburb with a house-dominated market, attracting both owner-occupiers and investors. Demand is supported by strong recent capital growth and solid rental yields, creating a competitive environment. The market is active, though properties move at a measured pace, indicating considered buyer activity. Future prospects are underpinned by established transport links and local amenities, yet affordability constraints and limited supply present ongoing considerations for market entry.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
2901m²
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