FOR SALE
1214SQM OF LAND

189 & 189a Richmond Road
Penrith NSW 2750

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Land area: 1214m2
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HOUSE & GRANNY FLAT! | DUAL OCCUPANCY! + FUTURE POTENTIAL!

We are pleased to present 189 Richmond Road, Penrith brought to you by award winning agent Peter Diamantidis.
If you are looking at building a granny flat there is no need as all the hard work has been done!
This 3 bedroom house and 2 bedroom approved granny flat is positioned on a large block of land totaling 1214sqm of land which is an incredible opportunity for an investor seeking a sensational property with a great potential rental return + FUTURE POTENTIAL on this large parcel of land!
Located within close proximity to schools, public transport, Penrith Train station and local shops, this property is a must to inspect!
HOUSE FEATURES:
- 3 spacious bedrooms
- Eat in kitchen with ample cupboard space
- Separate lounge room
- Spacious fully tiled bathroom
- Timber flooring throughout
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Property Details for 189 & 189a Richmond Rd, Penrith

189 & 189a Richmond Rd, Penrith is a 5 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 1214m2. The place is currently for sale with Ray White Diamantidis Group.

Building Type
House
Land Size
1214m2

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About Penrith 2750

The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of total area. The population of Penrith in 2011 was 11,813 people. By 2016 the population was 13,264 showing a population growth of 12.3% in the area during that time. The predominant age group in Penrith is 20-29 years. Households in Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation. In 2011, 45.9% of the homes in Penrith were owner-occupied compared with 40.7% in 2016.

Penrith has 12,537 properties. Over the last 5 years, Houses in Penrith have seen a 57.79% increase in median value, while Units have seen a 29.32% increase. As at 30 September 2024:

  • The median value for Houses in Penrith is $965,319 while the median value for Units is $550,284.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 116 properties listed for sale, and 77 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 605 properties were sold in the past 12 months in Penrith.

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Peter Diamantidis
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Ray Jankovic
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Ray White Diamantidis Group
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