ATTENTION DEVELOPERS AND INVESTORS! ALL THE HARD WORK IS DONE!

The team from Agent4U Realty Group are proud to Introduce one of the most exciting DA Approved development sites to come to the market in the heart of the Nepean Health Hub in Penrith.

A fantastic opportunity awaits the right buyer to purchase Four (4) adjacent properties in one line. This site is zoned R4 high density residential development, 2441 m2 (approx.) site area and currently has an approved development application (DA).

Currently the DA is approved for the demolition of four existing dwellings and ancillary structures, construction of Six (6) Storey Mixed Use/Residential Flat Building containing a ground floor Medical Centre Tenancy and a Neighbourhood shop, 50 Residential Apartments and Two Levels of Basement Car parking for 74 Vehicles.

The site is located near Penrith’s Medical Hub with short drive to the Penrith CBD. This the perfect location for every family member to enjoy all the amenities and recreation this thriving and prosperous city has on offer.

Future capital growth area with the significant upgrade of Penrith’s Medical Hub, major upgrades of arterial roads and all the development of new Second Sydney Airport and associated infrastructure projects.

Site Highlight Features:

+ DA approved Site for 50 Residential Apartments, Medical Centre, and Neighbourhood Shop
+ Prime Western Sydney rapid growth corridor location
+ Located near significantly upgraded Penrith’s City Medical Hub
+ Zoning: Sought after R4 (High density Residential development)
+ Height: 18m (approx.)
+ Total Site Area: 2440 m2 (approx.)
+ Secure income: Three Homes all currently leased, and one is vacant
+ Minutes to Westfield, Panthers, Train Station, Penrith Selective High School & High Street
+ Near M4 Western Sydney Motorway & new Western Sydney Airport.

DA Approved Plans highlights:

+ Two Towers each comprising of Six Storey Apartment Building
+ Gross Floor Area: GFA = 4921m2

+ Ground Floor:

1. Medical: 199m2
2. Neighbourhood shop: 120m2

+ Fifty (50) Residential Apartments comprising of:

1. 9 X 1 Bedroom apartments
2. 36 X 2 Bedroom apartments
3. 5 X 3 Bedroom apartments

+ Two Level Basement Parking for 74 car spaces.
+ DA Approval Consent Expiry 24th August 2027.

Plus, more to see upon your inspection……

For more information including a soft copy of Notice of determination and architectural plans call Joseph Vella on 0403 183 638 or Rod McIvor on 0433 189 715.

Penrith is an exciting area with many delights for its residents, from top retail shopping to upmarket cafes and fine dining. It offers as much fun for families with the beautiful Nepean River, Penrith Lakes and white-water rafting stadium, The Penrith Panthers Club, I fly, Wake and Leisure water park, and much more.

Take advantage of the popular bridge to bridge walk around Nepean River to maintain a healthy lifestyle, then enjoy a coffee at the Coffee Club or a meal at East Bank Eatery.
This DA Approved site is conveniently located within walking distance, a short drive or bus ride to Penrith CBD. Easy access to Western Sydney University, TAFE Campus, Nepean District Hospital(150m) and Penrith Academic Selective High School(350m).

Plenty of shopping facilities with Westfields Shopping Plaza and Nepean Shopping Village.

Easy access to public transport via Penrith and Kingswood Train Station, bus services and to the M4 motorway.

***Some of the images used in this advertisement are architectural impressions of the completed DA approved development site for concept purpose only.

Disclaimer: All information contained herein is gathered from sources we believe to be dependable. We have not verified whether that information is accurate, and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on.

All interested parties should make and rely upon their own inquiries to determine whether this information is, in fact, accurate.