House for sale

17 Lethbridge Street,

Penrith, NSW

3 1 4
Expressions of Interest

Development Site

• Total Area 967sqm approx.
• Boundaries Frontage: 20.12m Depth: 48.06m
• Zoning R4 High density Residential
• Best Use- Multi Storey Unit Development
• Height Limit - 18m
• Approximate rental return - $450 per week

The current trend from buyers off the plan is for small boutique style developments where they can find some individuality. This site is ideal as it meets all of the minimum requirements as a stand alone site. Prime location with R4 zoning for high density residential. With a short walk to Nepean Hospital and Penrith CBD this is the perfect site for your company to build. A lot of our astute clients are purchasing sites of this size to build and hold to provide cash flow for the future. Demand from owner occupiers has never been stronger with a genuine shift in lifestyle choices with people looking for something they can lock and leave - but it still must offer an element of appeal. Our findings indicate small developments of 20-30 units provide the desired appeal. Quality site with an owner that understands the market and will listen to a range of purchase options. Will be sold. Call today for more details.

Submissions must be made in writing via email darren@prd.net.au or in person to 379 High Street Penrith. For Information Memorandum & submission documents contact Darren Latty 0414 620 532 or email darren@prd.net.au
Last updated: 03:00PM on Jul 12th 2017
Contact the agentCLOSE

Email sent successfully!

Your email has been sent to PRD Nationwide PRDnationwide.

Would you like to get the latest Rich Pickings?

PRD Nationwide PRDnationwide

379 High Street
Penrith NSW, 2750
More property from PRD Nationwide PRDnationwide
2 Tugra Close17 Lethbridge Street