FOR SALE
Expressions of Interest

156-158 Henry Street
Penrith NSW 2750

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 869m2
Land area: 904m2
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Extremely Rare Sale Offering in the Heart of Penrith CBD

Raine & Horne Commercial Penrith is delighted to present 156-158 Henry Street, Penrith to the market for sale. This is an incredibly rare opportunity to own a significant piece of real estate in the Penrith CBD. The property is directly opposite Westfield Penrith and only 200 metres to Penrith Train and Bus Interchange. The site is for sale via Expressions of Interest (EOI) which closes on Tuesday 30 July 2024 at 2pm.
• Suitable for owner occupiers, investors and developers
• Ideal location directly opposite Penrith Westfield with high vehicle and pedestrian traffic
• 100% leased to 4 high quality tenants such as St George Bank and Australian Mutual Bank
• Strong rental growth with market reviews incorporated and scheduled increases
• Net income of $378,231.36* + GST per annum
• Potential development upside with favourable planning controls including 3:1 FSR and 20m height limit
• Positioned to benefit directly from NSW Government infrastructure expenditure such as Western Sydney Airport
• EOI closes on Tuesday 30 July 2024 at 2pm
*Approximately

Property Details for 156-158 Henry St, Penrith

Building Type
Commercial
Floor Size
869m2
Land Size
904m2

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About Penrith 2750

The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of total area. The population of Penrith in 2011 was 11,813 people. By 2016 the population was 13,264 showing a population growth of 12.3% in the area during that time. The predominant age group in Penrith is 20-29 years. Households in Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation. In 2011, 45.9% of the homes in Penrith were owner-occupied compared with 40.7% in 2016.

Penrith has 12,522 properties.

    There are currently 91 properties listed for sale, and 78 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 615 properties were sold in the past 12 months in Penrith.

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    John Henry
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