FOR SALE
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342 - 350 High Street
Penrith NSW 2750

Bedrooms: -
Bathrooms: -
Car spaces: 54
Land area: 1226m2
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New Commercial Development Redefining the Penrith CBD

Raine & Horne Commercial Penrith is delighted to present 342-350 High Street, Penrith to the market. This is a strata mixed use development that will redefine the Penrith CBD and is a fantastic opportunity for business owners seeking to purchase their own premises and investors. A consolidation of three lots, in the heart of the Penrith CBD, this property boasts a substantial commercial area of 3118 sqm. This is the first office/retail strata development available for purchase in the Penrith CBD for many years. Do not miss out on this chance to secure a valuable piece of real estate in Western Sydney's Penrith which is part of New South Wales' fastest growing region**.
• Floor plates of 55m²-1,760m² available over 5 storeys
• Mix of retail, office/consulting space and residential
• 2 prominent Penrith businesses have already committed to the development
• Cafe/restaurant space allocated with exhaust, grease trap provisions and substantial outdoor seating
• Generous 54 secure basement parking spaces in the heart of the Penrith CBD
• The properties will be provided as a bare shell, allowing for purchasers to customise their fit out
• 3 penthouse style apartments (2 sold)
• Estimated completion is early 2026
• Only 13 kilometres to Western Sydney Airport (planned to open in 2026) with convenient access provided by the Northern Road
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Property Details for 342 - 350 High St, Penrith

Building Type
Commercial
Land Size
1226m2

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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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    Liz Prasad
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    Raine & Horne Commercial Penrith
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