Located in a prime location of Penrith CBD, this future development site offers R4 High-Density Residential zoning with a land size of 620sqm and within approximately 110 metres to Nepean Hospital. The property also offers two fully self contained dwellings with a rental potential of $700-$750 per week.
Penrith is one of Sydney’s fastest growing cities, and this block offers rapid access to fantastic retail precincts, vibrant dining, premier schools, walking tracks, multiple workplaces and express city transport.
- 15.5m frontage x 39.9m depth (Approx.)
- R4 High-Density Residential zoning
- 110 metres to Nepean Hospital
- Residence is currently leased out to a long term tenant
- Block is surrounded by plenty of new sites and precincts
- Just moments from Nepean Hospital and Penrith Plaza
- Close to a selection of public/private schools and daycare
- Easy city commute via Penrith Station, close to buses
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, then enjoy a coffee at the Coffee Club across the road from Tench Reserve. The Nepean is situated in the perfect location for every family member to enjoy all the amenities and recreation this thriving and prosperous city has on offer.
This raw development 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(110m) 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.
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All interested parties should make and rely upon their own inquiries to determine whether this information is, in fact, accurate.