Property ID: 1P1034
145-147 Derby Street Penrith NSW
$2,099,000
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Development
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For Sale
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1378.5 sqm
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R4 High Density Residential
R4 Zoned CBD Location
Finding one property in a location as good as this can take decades. Finding 2 is almost impossible.
Situated in one of Penrith's most desireable streets for future growth & expansion. These 2 homes are in fair condition & would provide a consistent rent return while you weigh up the highest & best use.
Similar properties in the area have been developed in to multi level apartments, medical centres, child care centres & boarding houses.
This really is an investment into the growth of Penrith as a City & the exceptional opportunities current Government & Private sector expenditure is bringing to the area.
• R4 Zoned High Density Residential
• 2 adjoining houses on separate titles
• Total area & frontage exceed minimum requirements for development
• Surrounded by medical practitioneers & only 500m to the Nepean Hospital
• Prime CBD location
• Ideal for investment today with significant development upside
• Zoning allows a wide range of potential uses suitable for high density location
145 Derby Street, Penrith
Lot 12B DP 25965
Frontage 15.24m
Area 695.6sqm
Large 4 bedroom home with 2 bathrooms.
Potential rental Income $600-620 per week
147 Derby Street, Penrith
Lot 13B DP 25965
Frontage 14.94m
Area 682.9sqm
Potential rental income of $500-520 per week
Disclaimer: We have been furnished with the above information however, PRD Penrith & PRD Blue Mountains gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
Situated in one of Penrith's most desireable streets for future growth & expansion. These 2 homes are in fair condition & would provide a consistent rent return while you weigh up the highest & best use.
Similar properties in the area have been developed in to multi level apartments, medical centres, child care centres & boarding houses.
This really is an investment into the growth of Penrith as a City & the exceptional opportunities current Government & Private sector expenditure is bringing to the area.
• R4 Zoned High Density Residential
• 2 adjoining houses on separate titles
• Total area & frontage exceed minimum requirements for development
• Surrounded by medical practitioneers & only 500m to the Nepean Hospital
• Prime CBD location
• Ideal for investment today with significant development upside
• Zoning allows a wide range of potential uses suitable for high density location
145 Derby Street, Penrith
Lot 12B DP 25965
Frontage 15.24m
Area 695.6sqm
Large 4 bedroom home with 2 bathrooms.
Potential rental Income $600-620 per week
147 Derby Street, Penrith
Lot 13B DP 25965
Frontage 14.94m
Area 682.9sqm
Potential rental income of $500-520 per week
Disclaimer: We have been furnished with the above information however, PRD Penrith & PRD Blue Mountains gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
