164 Richmond Road, Blacktown NSW 2148

4 beds, 1 bath on 554sqm | dual occupancy potential | entry-level Blacktown pocket | 2007 price base The property presents a rare configuration advantage for its price point: a 554sqm block with 54% building coverage and a 6m roof height suggests either existing dual occupancy potential or a straightforward path to add a second dwelling. For a buyer targeting yield or future subdivision, this land-to-building ratio is uncommon at the estimated $1.12m–$1.184m value range, where most comparables offer smaller footprints. The property serves best an investor or a buyer willing to hold for 3–5 years while the Blacktown market absorbs new infrastructure and demand from first-home buyers priced out of closer suburbs. The primary risk is the outdated 1-bathroom configuration, which limits rental appeal to $650–$755 per week unless renovated or converted to dual occupancy. The 2007 purchase price of $330,000 indicates no recent capital improvements, meaning the buyer inherits deferred maintenance. However, the absence of flood, bushfire, or heritage overlays removes costly compliance hurdles. The opportunity lies in adding a second bathroom or converting to two units, which could lift combined rental income to $1,300 per week. Hold as-is for land bank or renovate for yield; avoid overpaying above the low estimate given the bathroom constraint.