Property ID: 1P1022

8/9-12 Lambridge Place Penrith NSW

  • 3
  • Industrial
  • Sold
  • 256 sqm
  • 3
256m2 ATTRACTIVE STRATA UNIT IN MODERN COMPLEX! OCCUPY OR INVEST!
CBRE in conjunction with PRD Commercial Westwern were appointed exclusive marketing agents to offer Unit 8, 9-12 Lambridge Pl, Penrith to the market for sale by way of Public Auction.

After a successful marketing campaign the property was sold under the hammer.

Sale Details
Price: $1,225,000 (ex GST)
Rate: $4785pm2 (ex GST)
Date: 8th December 2023

Previously sold for $693,000 in September 2020 this sale highlights the strong growth in capital values of industrial property in the past 3 years.

This unit enjoying an 77% uplift in value since previously traded.

The property represents an attractive industrial strata unit offering the opportunity to occupy or invest in a prime location. Situated in the heart of Penrith E4: General industrial zoning precinct, moments from major services and amenities.

Features:

• Building Area: 256sqm / Strata Area: 299sqm
• Strata Mezzanine: 43sqm | Added Mezzanine: 69sqm | Total Mezzanine: 112sqm
• Clear span warehouse
• E4: General Industrial Zoning
• Circa 7M clearance for easy racking
• One (1) motorised container sized roller shutter door
• Container access
• Heavy duty mezzanine for additional storage
• Three (3) phase power
• High bay lighting
• Well-presented corporate style mezzanine level office with full staff amenities
• Three (3) car spaces on-site
• Fully secured complex. CCTV cameras.
Walking distance to Atmosphere Health & Fitness Club, Mind Champs Early Learning & Nutrition Station Café.
• Located off Castlereagh and Andrews Road, within the Lambridge Business Park
• Situated in Lambridge Business Park
• Just 6 minutes to the Penrith CBD, 8 minutes to the M4 Motorway and only 27 minutes to the new Western Sydney Airport.

AUCTION VENUE: On Site.
TIME: 11:00am
DATE: Friday, 8th of December, 2023.

For more information or to request access to the due diligence room, please contact the exclusive selling agents Robert Dowdy on 0499 007 000 or Lauren Fitzpatrick on 0455 178 765.

Note: All building and land areas quoted are approximate; prospective purchasers must make their own enquiries. All sale prices DO NOT include GST

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