SOLD AT AUCTION BY JOSHUA CASSELLS & PETER DIAMANTIDIS! 0410 504 918
Peter Diamantidis & Joshua Cassells from The Ray White United Group are pleased to present 12 Brown Street in Penrith!
AUCTION ON SITE 15th APRIL 2025 - Open Home and Registrations from 5:30PM - 6:00PM Auction at 6:00PM SHARP!
Positioned in one of Penrith's most sought-after streets for future growth, this 3-bedroom, 1-bathroom home on a generous 588.1m² block presents a prime opportunity for investors, developers, or homeowners. With R3 zoning and a neighbouring lot already transformed into two modern duplexes, this site offers immense potential for a similar development subject to council approval. Whether you choose to renovate and restore the existing home, generate strong rental returns, or take advantage on the redevelopment potential, this is an opportunity not to be missed! Perfectly located within walking distance to Penrith CBD, secure your place in a booming location!
Key Features:
? 3 Bedrooms - Spacious rooms, main with built-in robe.
? Living Area - Bright and open living space.
? Kitchen - Generously sized with a double sink.
? Two Sunrooms - Versatile spaces for relaxation or extra living areas.
? Entertaining Area - Undercover space perfect for gatherings.
? Bathroom - Includes bathtub, shower, sink, and toilet.
? Laundry - Equipped with an additional shower and sink.
? Extra Toilet - Convenient separate toilet.
? Linen Cabinet - Extra storage for household essentials.
? Store Room - Handy for a clutter-free environment.
? Lock-Up Garage - Secure parking with added storage potential.
Location Highlights:
? Prime Location - Nestled in the heart of Penrith CBD and within close proximity of the main shopping strip, one of the area's most desirable locations, known for its future growth and expansion. Offers unrivaled convenience, high visibility, and strong long-term growth potential.
? Close to Schools and Parks: Penrith Selective High School - Just a 2-minute drive away, & Bluebet Stadium - Approximately a 3-minute drive.
? Proximity to Shopping Centres - With Nepean Village only a 2-minute drive away and Penrith Westfield only 5 minutes down the road.
? Healthcare Access: Nepean Hospital - A 6-minute drive away & 4Cyte Pathology - Just a 2-minute walk from the property
? Transport: 5-minute drive to Penrith Station, connecting you to major transport links
? Versatile Opportunity: Ideal for investors, business owners, or homebuyers. A blank canvas ready for renovation, rebuilding, or repurposing for business use (subject to council approval).
? Development Potential: Similar properties in the area have been successfully developed into duplexes due to the R3 zoning, providing exciting opportunities for further growth (subject to council approval).
Properties of this size, location, and potential are in high demand, situated in the heart of Penrith, this property offers enormous future possibilities. Its central location presents multiple options. With the area's forecasted growth, this is a rare chance to secure a unique development opportunity in a highly sought-after location. Don't miss your chance to capitalize on this incredible investment with excellent future potential.
For further information, please contact Joshua Cassells on 0410 504 918 or Peter Diamantidis on 0404 051 702.
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