Ray White Commercial (SC) is pleased to present to the market this rare DA approved boarding house development site. The property, located at 18 Bosworth Street, Richmond, will be offered for sale via Private Treaty.
The asset features DA approval for 20 double rooms + 1 manager's room over 4 levels and includes ground floor retail. Situated only 750m* to Richmond Train Station and is easily accessible to local shops and amenities.
This development opportunity has been designed by CK Architects and offers investors and developers an exciting opportunity to acquire a quality development site in the heart of Richmond Town Centre. On completion, this development site will offer its occupants an affordable rental option with easy access to the nearby RAAF base and the Western Sydney University campus.
Additional highlights of the asset include:
Approved for 20 rooms + a managers room and ground floor commercial/retail
Site area of 461.6 sqm*
Zoned: E2 - Commercial Centre
Approved GFA of 1,240 sqm*
Flexible alternate uses under the E2 - Commercial Centre
Efficient design layout with onsite parking
750m* to Richmond station train station and town centre
Direct access to the Western Sydney University campus
18 Bosworth Street, Richmond is offered for sale via Private Treaty.
For further information, please contact the exclusive selling agents below.
*Approximately
The size of Richmond is approximately 29.9 square kilometres. There are 19 parks, covering nearly 4.4% of the total area. The population of Richmond in 2016 was 5482 people. By 2021 the population was 5418 showing a population decline of 1.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 51.50% of the homes in Richmond were owner-occupied compared with 51.20% in 2016.
Richmond has 3,141 properties. Over the last 5 years, Houses in Richmond have seen a 37.46% increase in median value, while Units have seen a 45.44% increase. As at 31 May 2026:
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