Excellent opportunity in heart of Penrith. Surrounded by endless development opportunities and with Penrith growing so fast you will need to be quick not to miss out.Set on a 733sqm block and zoned R3 Medium Density Residential, this property is sure to attract savvy investors. Land bank opportunity or develop now, the existing 3 bedroom cottage and 1 bedroom studio has the potential to give a return on your investment whilst waiting to develop.Throw away the car keys as this fantastic location is just minutes walk to both the selective high school and Nepean Hospital and a short stroll will have you in the centre of Penrith CBD surrounded by enormous variety of shops, cafes and quality restaurants.