FOR SALE
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66 Lethbridge Street
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1318m2
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Perfect Location! Two Street Frontages! Zoned R4! Block 1318m2 (approx.) in Area.

A fantastically Unique opportunity awaits the right buyer to purchase this development site right opposite Penrith Academic Selective School. This site is zoned R4 high density residential development, 1318 m2 (approx.) site area and has two street frontages.
The site is located within a short drive to Penrith's Medical Hub to the Penrith CBD. This the perfect location for every family member to enjoy all the amenities and recreation this thriving and prosperous city has on offer.
Penrith City is a Future capital growth area with the significant upgrade of Penrith's Medical Hub, major upgrades of arterial roads and all the development of new Second Sydney Airport and associated infrastructure projects.
An original two-bedroom home in need of a full renovation or demolition is currently on the site.
The perfect block for the right buyer looking a parcel of land in the perfect position, the investor expanding their property portfolio and a developer looking to invest into the future.
There is also an opportunity for the right buyer to purchase the neighbouring property with a similar block of land subject to negotiation of the terms of the deal with the owner via their sales agent conducting the sale.
Site Highlight Features:
+ Prime Western Sydney Rapid Growth Corridor Region
+ Located near significantly upgraded Penrith's City Medical Hub
+ Raw site with two street frontages
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Property Details for 66 Lethbridge St, Penrith

66 Lethbridge St, Penrith is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1318m2. The place is currently for sale with Agent4U Realty Group.

Building Type
House
Land Size
1318m2

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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 12,544 properties. Over the last 5 years, Houses in Penrith have seen a 57.54% increase in median value, while Units have seen a 31.43% increase. As at 31 October 2024:

  • The median value for Houses in Penrith is $976,372 while the median value for Units is $570,743.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 109 properties listed for sale, and 92 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 617 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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Joseph Vella
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Rod Mcivor
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Agent4U Realty Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.