156
High
Street
penrith
NSW,
2750
SOLD
Sold for $1,655,000
3
1
1
Land: 1214 sqm
R4 Zoned Corner Site
It is very rare to find a single lot R4 site that meets the minimum requirements for development under the current planning controls. The site has been abandoned for years & is being sold on behalf of the Estate. Location is ideal within easy walking distance of the CBD & the rapidly expanding Nepean Hospital.
Situated on a prominent corner site, with a gentle slope back towards the street, this property is perfect for your next project.
The house is in very poor condition. It could be made liveable, however the cost of repairs may make this option less attractive.
The site has no easements impacting on development potential, is flood free & is not identified as being of historic interest.
The location & planning controls also lend themselves to other uses including business or professional rooms.
Sale will be by public auction. The contract calls for a 56 day settlement on which the owners are firm. The only way they might consider terms other than what the contract calls for is if you make them an offer they simply can't refuse!
One of few stand alone development sites that meet the current minimum lot size requirements.
Ideal for a boutique apartment complex (STCA).
• R4 Zoned corner site
• 1214sqm with 25m frontage - approx
• Ideal location & size for your dream boutique development (STCA)
• Side access for easy construction
• Flood free & no easements within the site boundaries
• Walk to town centre
• Range of permissible uses
• House is in completely dilapidated condition
Agents
Nearby Schools
About penrith
median house price
928750suburb growth
4.4%median house rent
570suburb rental yield
3.2%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
