Agent4U Realty Group are proud to present this property to the market for the first time in almost 30 years.
What a rare opportunity to acquire a massive corner block approximately 1176m2 in area located in heart of Penrith CBD with easy access to all the amenities of this exciting City of Penrith has on offer.
The existing dwelling is a three - bedroom double brick home ready to be renovated. Alternatively awaiting the next creative Architect/Developer to knock down the existing dwelling and take advantage of the massive corner lot and redevelop the blue-ribbon site with their next astute investment project right in the heart of the city.
The property is situated in the State governments new Mid to Low Rise housing policy in Penrith City precinct which allows for potential shop top style apartments subject to council approval.
Penrith City future capital growth area with the significant upgrade of Penrith's Medical Hub and the redevelopment of The Penrith Rugby League Stadium. Not to mention all major upgrades of arterial roads and all the development of new Western Sydney international Airport, Sydney Metro - Western Sydney Airport and all other associated infrastructure projects.
+ Currently Zoned > R3 Medium Density Residential Housing.
+ Situated in the New State Government Low to Mid-Rise Housing Policy precinct for Penrith City
+ Potential High-Rise Development - Shop Top Apartments - 4 Storeys subject to council approval.
+ Located within 400m of Nepean Village Shopping Centre
+ 3 Bedroom double brick home with high ceilings in need of some renovation.
+ Good size bedrooms two fitted with built in wardrobes and ceiling fans
+ Located in the Heart of Penrith CBD, close to the Main Street, Penrith Train Station, Nepean Shopping Village and Westfields Penrith plus various Private and Public Schools.
Plus, plenty more to see when you book an inspection....
This property is situated in the perfect location for every family member to enjoy all the amenities and recreational facilities this thriving and prosperous city has on offer.
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 site is conveniently located within walking distance, a short drive or bus ride to Penrith CBD. Easy access to Western Sydney University, TAFE Campus, Penrith Academic Selective High School, Nepean District Hospital, medical facilities amongst other services.
Plenty of shopping facilities with Westfields Shopping Plaza and Nepean Shopping Village.
Easy access to public transport via Penrith Station, bus services and to the M4 motorway.
If you would like to know more information about this property, feel free to contact Joseph Vella on 0403 183 638.
Properties this close to town do not last long. So Be Quick!
Please note: The photos used in this advertisement are AI generated and/or enhanced images for this property. Any prospective buyer must physically inspect the property before submitting an offer to purchase.
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.
