For the first time ever, this family home is hitting the market. The property served its current purpose and is ready to become the next part of Penrith's rapidly expanding CBD area. Standout Features include: • 733sqm block with full side access. • The home itself is impeccably maintained and would make the perfect rental while you wait for approvals• Zoned R4 - High Density Residential. Some of the permitted uses under this zoning include (STCA) include: - Residential flat buildings - Serviced apartments - Child care centres - Boarding houses - Medical Centres - Townhouses, Duplex or Granny flat developments
• The location is the true value of this property. Nestled in the CBD, you are walking distance to Penrith Selective High School, Westfields, Penrith Station as well as the all the amenities High St Penrith has to offer.
The owner's have made the difficult decision to place a large part of their life on the market. They are prepared to meet market value and all offers are invited. Expression's of Interest will close Wednesday 2nd April at 5pm All offer's must be submitted in writing to joe@prd.net.au. Opportunities like this will continue to become rarer so don't delay!