7/104 Windsor Street, Richmond NSW 2753
7/104 Windsor Street, Richmond NSW 2753
2-bed apartment in 11-unit block | 71 sqm internal | single car space | modern open-plan living
This unit presents a competitively priced entry into the Richmond market, suited for a budget-conscious buyer or investor. Its core strength is the efficient two-bedroom layout within a medium-density building, offering a lower-cost alternative to freestanding houses in the area. The modern open-plan living area and floating floors suggest a contemporary interior, reducing immediate refurbishment costs. This property primarily serves first-home buyers seeking affordability or an investor targeting the essential rental market, given its straightforward configuration.
The primary risk is the lack of specific building data-unknown construction quality, body corporate health, and floor level could conceal material costs. The quoted land size refers to the whole lot, not individual entitlement, limiting future value capture. Proceed only after a strata records review and building inspection to quantify these liabilities. For a buyer, its utility is as a long-term hold; its value growth will be tied to broader suburb performance rather than individual asset premium.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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.