Situated at the foothills of the Blue Mountains is this highly desirable DA approved site. Set against the back drop of the Nepean River’s skyline is a project comprising of 27 residential apartments over five levels and two level basement parking with development approval already in place. Take this rare opportunity to purchase one of the last remaining residential development sites located within walking distance to the heart of Penrith. You are ready to begin construction of this architecturally designed masterpiece that will provide an irreplaceable living environment. Positioned on the South side of Penrith CBD near the Penrith Stadium and local shopping centres.

Currently there are three(3) existing properties returning $65,000 p.a gross. Comprising of a 2 x 3 bedroom duplex plus a 4 bedroom house which spreads your rental return risk.

The property is conveniently located a short drive to Penrith CBD with easy access to Western Sydney University, TAFE Campus, Nepean District Hospital and Penrith Academic Selective High School. Plenty of shopping facilities with Southlands Shopping and Nepean Shopping Village. Great sporting facilities at Jamison Park. Myriad of cafes and restaurants to enjoy a meal in the main Street. Easy access to public transport, Penrith Train Station, bus services and to the M4 motorway.

A soft copy of the Architectural plans are available on request.

Be quick to register your interest by clicking on the “Email Agent Button”.

DISCLAIMER – All interested parties must rely on their own inquiries. Reference to current and future development are, subject to council approval (STCA) and the property is being sold in its current condition without D.A. approval for development.