Powerful 2,434sqm development opportunity with R3 zoning

To be sold by Auction (date to be set), either all in one line or separately, if not sold prior. A price guide will be set soon.

This exceptionally well-located property package represents an outstanding opportunity to capitalise on a rare offering just 4km to the heart of Penrith. Set on a combined 2,434sqm over three titles, these adjoining properties can be sold separately or together in one line and represent a great chance to develop a substantial landholding in an area undergoing rapid growth and renewal.

Zone R3 medium density residential, subject to council approval
Three side-by-side blocks, 689sqm, 834sqm and 911sqm respectively
Potential for retail, childcare, residential or educational use (STCA)
Perfect positioning with trains, shops, cafes and dining close by
Close to Penrith's CBD, the 3rd largest economy in Australia
Quietly located at the very end of a boutique cul-de-sac
Potential to lease out for rental income while planning the future

Investors and developers will appreciate the fantastic location that's walking distance to Nepean Hospital, Western Sydney University and Kingswood train station, as well as 1.3km to the new Caddens Corner Shopping Centre, 6km to the new St Marys Metro Train Station and 17km to the new Western Sydney International Airport. This is a truly unique property offering that will bring excellent rewards to buyers looking for a real estate project that would bring enormous value in the future.

Western Sydney and the Penrith Local Government Area have a lot of momentum around population and jobs growth, thanks to:
- Western Sydney Internal Airport opening 2026, 17km away
- St Marys Metro Train Line to the 2nd Airport approved, 6 km away
- Nepean Hospital $1bn upgrade, 2km away
- Western Sydney University 850m and TAFE 1.1km walk
- Kingswood Train Station 1.2km walk
- $14.9bn Government Investment in West Connex (completed)
- $5bn 2021 Sydney Science Park, Luddenham, 280ha, 12,000 jobs
- $7.24bn Penrith is the 3rd largest economy in Australia
- 40,000 jobs created by 2031 and 345,000 residents by 2036 in the Penrith Local Government Area.
- Capacity for 100,000+ jobs in the substantial employment hubs 15-20 km from Penrith.
- 2.86 average quantity people per household

In a continuing effort to help stop the spread of COVID-19, we will conduct our scheduled open homes with social distancing and hygiene protocols in place, as well as continue to offer private appointments for those who prefer that method.
Price: Under Contract

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