RWC Western Sydney is pleased to present 190 Richmond Road, Blacktown for sale via private treaty.
An outstanding opportunity to capitalise on this low maintenance Group Home Investment. Leased to a reputable provider, ShareSorted on a head lease for 3 years expiring on 11 July 2027.
This low maintenance property is currently leased for $174,200 per annum, offering immediate cash flow with further uplift, low maintenance and depreciation benefits to the astute investor.
The property features 10 self-contained rooms with a large communal area, offered below replacement value with construction completed in July 2024.
Additional highlights of the property are outlined below:
• 10 High Quality Self-Contained Rooms
• Each room is equipped with Kitchenettes, Microwaves & split system air-conditioners
• Significant depreciation benefits
• Site Area 662m2*
• Two (2) ground level car spaces
• Equipped with Coin Operated Washer & Dryers (extra $1500 - $2000* p.a.)
• A secure long-term investment located in a high growth area.
• Part of a Developers Portfolio Sale - MUST BE SOLD
FOR SALE - $2,690,000
For more information, please contact the below exclusive selling agents.
*Approximately
^STCA
The size of Blacktown is approximately 15.9 square kilometres. It has 72 parks covering nearly 6.8% of total area. The population of Blacktown in 2016 was 47176 people. By 2021 the population was 50961 showing a population growth of 8.0% in the area during that time. The predominant age group in Blacktown is 30-39 years. Households in Blacktown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blacktown work in a professional occupation.In 2021, 53.50% of the homes in Blacktown were owner-occupied compared with 56.10% in 2016.
Blacktown has 23,028 properties. Over the last 5 years, Houses in Blacktown have seen a 48.92% increase in median value, while Units have seen a 19.38% increase. As at 30 April 2026:
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