FOR SALE
$925,000 - $950,000

33 & 33a King Street
Penrith NSW 2750

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 648.3m2
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Great Investment With Future Development Opportunity

With Christmas approaching and our office closing on Friday, December 20th, there will be no open homes on Saturday. Contact us to schedule a private inspection during the week.
Attention savvy buyers! Don’t miss out on this fantastic opportunity in the heart of Penrith! This generous 648.3sqm block features an approved granny flat, providing immediate rental income. Plus, with the potential to renovate the front house (partial fire damage) you can create even more income while you explore the option to acquire the adjacent property. With its prime location and R4 zoning, this property offers endless possibilities!
Features Include:
+ House (repairs required): Three bedrooms, separate lounge area, large eat-in kitchen, bathroom, and laundry
+ Granny Flat: Two bedrooms both with built-in wardrobes, floating floorboards throughout, bathroom & laundry combined, spacious open-plan living area combined with kitchen, air conditioning throughout and car access. It is currently leased for $450 per week
Conveniently located just a quick 7-minute drive to Penrith Train Station and is close to Westfield Shopping Centre and local schools, this property won't last long!
Don’t miss out on this exceptional opportunity to capitalise on a growing market!
Contact Alan today to arrange an inspection on 8848 9200 or 0413 057 699.
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy; we do not accept any responsibility for its accuracy. Any interested persons should rely on their own enquiries.

Property Details for 33 & 33a King St, Penrith

33 & 33a King St, Penrith is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 648.3m2. The place is currently for sale with Laing & Simmons Wentworthville.

Building Type
House
Land Size
648.3m2

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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 12,686 properties. Over the last 5 years, Houses in Penrith have seen a 53.13% increase in median value, while Units have seen a 29.39% increase. As at 30 November 2024:

  • The median value for Houses in Penrith is $964,559 while the median value for Units is $570,544.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 80 properties listed for sale, and 85 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 670 properties were sold in the past 12 months in Penrith.

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Alan Fowler
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Sharif Hussain
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Laing & Simmons Wentworthville
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