SOLD
Sold on 30 May 2024 for $9,020,000

48 Luttrell Street
Glenmore Park NSW 2745

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10000m2
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Property Details for 48 Luttrell St, Glenmore Park

Building Type
Commercial
Land Size
10000m2
Local Government
Penrith
Lot/Plan
12/DP811106

Last Listing description (May 2023)

CBRE on behalf of The Salvation Army as the exclusive sales agent is pleased to present 48 Luttrell Street, Glenmore Park to the market. The property situated on a vast 10,000sqm of land comprises a 960sqm Church/Place of Worship facility and a 4 bedroom residential dwelling in addition to circa 80 sealed parking spaces. The property which has been owned and occupied by The Salvation Army is regularly shaped , with a slight slope and expansive 72m frontage to Luttrell Street. The property benefits from its flexible R2-Low Density Residential zoning allowing a range of development opportunities (STCA).

48 Luttrell Street, Glenmore Park benefits from the following key attributes:


-Existing large church/place of worship facility + a 4 bedroom residential dwelling that is well suited to a wide range of religious, community & occupier groups
-An abundance of onsite parking with Circa 80 sealed parking spaces
-Expansive and regularly shaped 10,000sqm R2 Low Density Residential zoned land allowing for Place of Worship, residential dwellings, care facilities, childcare, dual occupancies and more
-Providing a 550sqm minimum lot size for potential subdivision
-Strong underlying development potential (STCA)
-72m frontage to Luttrell Street
-Well connected with bus stops and within proximity to the M4 Motorway providing ease of access
-In locality to a number of reputable schools including Caroline Chisholm College, Glenmore Park High School and Bethany Catholic Primary School
-Fantastic nearby retail offerings via Home co Glenmore Town Centre (900m) , The Eastbank Jamisontown (3.1km), The Nepean River (3.2km) Westfield Penrith(4.8km*) Westfield Mt Druitt (6km),
-Set to benefit from a number of NSW Government led projects and the $268m injection from the West Invest project including Nepean Hospital Upgrade, upcoming Western Sydney Airport and St Mary's Metro Station making Penrith LGA and its suburbs a more attractive area to work and live.


48 Luttrell Street, Glenmore Park will be sold via Expressions of Interest closing on Tuesday 4th April at 3:00pm

For more information or to arrange an inspection, please contact the exclusive selling agents.

Approximate*

Property History for 48 Luttrell St, Glenmore Park, NSW 2745

A timeline of how this property has performed in the market
Last Sold
$9,020,000
30 May 2024
Listed for Rent
$600/w
29 Jul 2022
  • 30 May 2024
    Sold for $9,020,000
  • 05 May 2023
    Sold for $7,157,500
  • 07 Mar 2023
    Listed for Sale Contact Agent
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About Glenmore Park 2745

The size of Glenmore Park is approximately 9.7 square kilometres. It has 26 parks covering nearly 24.6% of total area. The population of Glenmore Park in 2011 was 20,271 people. By 2016 the population was 22,982 showing a population growth of 13.4% in the area during that time. The predominant age group in Glenmore Park is 0-9 years. Households in Glenmore Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenmore Park work in a clerical occupation. In 2011, 77.6% of the homes in Glenmore Park were owner-occupied compared with 76% in 2016.

Glenmore Park has 9,130 properties. Over the last 5 years, Houses in Glenmore Park have seen a 64.37% increase in median value, while Units have seen a 46.97% increase. As at 31 August 2024:

  • The median value for Houses in Glenmore Park is $1,168,944 while the median value for Units is $792,526.
  • Houses have a median rent of $720 while Units have a median rent of $520.
There are currently 37 properties listed for sale, and 9 properties listed for rent in Glenmore park on OnTheHouse. According to CoreLogic's data, 529 properties were sold in the past 12 months in Glenmore park.

Suburb Insights for Glenmore Park 2745

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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.