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Description: Ideally situated within easy walk to Penrith Station, the Nepean Hospital precinct, local schools, Westfield shopping centre, and lots of amenities, this 560sqm property with R4 High Density zoning presents exceptional and increasingly rare opportunity for significant future development in one of Penrith's most central and sought-after location.
R4 zoning providing a broad range of potential uses (STCA) including multi-dwelling housing, shop-top housing, boarding houses, seniors housing, childcare facilities, and medical centres Opportunities to acquire a site with genuine development potential, uplift from planning reforms, and a location in the heart of one of Western Sydney's fastest-growing centres are extremely rare.
This is your chance to capitalise on a policy environment that actively supports housing delivery, while securing a blue-chip site are a genuine game-changer for developers. The home itself has been recently updated, neat and tidy three bedrooms with updated flooring throughout.
Key features for this property
* 560sqm parcel zoned R4 High Density Residential
* Well-maintained electric cooktop in excellent working condition
* Neatly presented bedrooms each fitted with built-in wardrobes
* Blind installed throughout all bedrooms and the living area
* Spacious backyard offering potential to build a granny flat/secondary dwelling(STCA)
* Alarm system installed for added peace of mind
* Potential for development potential (STCA)
* Prime position close to Penrith Station, Nepean Hospital, schools & shops
* Existing 3-bedroom home with rental income while plans progress
* Garage with side access and large rear yard
* Ideal for investors, developers or future occupiers looking to landbank
* Prime location in the heart of Penrith, surrounded by new and upcoming developments
Locations
• St Dominic's College - 0.41km approx.
• Penrith Public School - 0.46km approx.
• Nepean Hospital - 2.5km approx.
• Penrith Westfields - 1.8km approx.
• Penrith Train Station - 1.5km approx.
• Penrith High School - 0.48km approx.
For further information please contact Brenda Kim on 0413 969 310, Paul Kim on 0452 202 344.
Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.
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