If you’re a land banker or developer than this rare development site opportunity in the heart of Penrith is for you. Spanning approximately 1220sqm and is a zoned R4 High-Density Residential site. The property is located in a prime high-growth pocket of Penrith, close to the Nepean Hospital, Penrith Station and Penrith CBD with access to express city transport and a selection of quality schools, shops, Penrith stadium and much more. Penrith is thriving with strong economic growth and infrastructure, with a new metro direct to the new airport, combined with massive Government investment in the area which will create endless potential for developers and property investors. This is a rare opportunity to join and benefit from the beginning of a big future in a region on the rise. The site enjoys 30.74m (approx.) of street frontage on the highly popular Hope Street. There is currently a home on each lot which are both currently rented allowing you to earn an income while your DA gets approved (STCA).
 
* 1220sqm of land (approx.)
* Zoned R4 High-Density Residential
* 30.74m (approx.) frontage on Hope St
* Earn a rental income while you wait for your DA (STCA)

Disclaimer: We have been furnished with the above information, however, Property Central gives no guarantees or undertakings 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.