154 Stafford StreetPenrith NSW 2750
Property Details for 154 Stafford St, Penrith
Last Listing description (November 2023)
Ray White Commercial Western Sydney is delighted to present 154-162 Stafford Street, Penrith for sale via Expressions of Interest.
Representing a unique opportunity to secure over an acre of land in an infill location, currently DA approved for a Seniors Housing Development - this versatile R3 parcel is ripe for development, presenting astute developers with the opportunity to capitalise on NSW's ongoing housing shortage.
Additional highlights of the property are outlined below:
Zoned R3 Medium Density Residential
Minimum lot size 400 sqm
Potential for townhouse development, subdivisions, childcare, seniors living, places of public worship, alternate forms of
residential accommodation (STCA)
Located in close proximity to Nepean Hospital as well as the WSU Kingswood Campus
Existing DA Approval for Senior Housing Development
The property is offered for sale via Expressions of Interest closing at 3 pm on 20th September 2023.
For more information, please contact the below exclusive selling agents.
*Approx.
Property History for 154 Stafford St, Penrith, NSW 2750
- 10 Oct 2023Sold for $4,950,000
- 20 Aug 2023Listed for Sale Expressions of Interest
- 28 Sep 1984Sold for $452,000
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0About 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 12,574 properties. Over the last 5 years, Houses in Penrith have seen a 59.13% increase in median value, while Units have seen a 28.63% increase. As at 31 July 2024:
- The median value for Houses in Penrith is $971,046 while the median value for Units is $544,775.
- Houses have a median rent of $550 while Units have a median rent of $530.
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