OFF MARKET

156 High Street
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1218m2
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Property Details for 156 High St, Penrith

156 High St, Penrith is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1218m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Land Size
1218m2
Local Government
Penrith
Lot/Plan
31/DP1127348

Last Listing description (February 2021)

It is very rare to find a single lot R4 site that meets the minimum requirements for development under the current planning controls. The site has been abandoned for years & is being sold on behalf of the Estate. Location is ideal within easy walking distance of the CBD & the rapidly expanding Nepean Hospital.

Situated on a prominent corner site, with a gentle slope back towards the street, this property is perfect for your next project.

The house is in very poor condition. It could be made liveable, however the cost of repairs may make this option less attractive.

The site has no easements impacting on development potential, is flood free & is not identified as being of historic interest.

The location & planning controls also lend themselves to other uses including business or professional rooms.

Sale will be by public auction. The contract calls for a 56 day settlement on which the owners are firm. The only way they might consider terms other than what the contract calls for is if you make them an offer they simply can't refuse!

One of few stand alone development sites that meet the current minimum lot size requirements.
Ideal for a boutique apartment complex (STCA).

R4 Zoned corner site
1214sqm with 25m frontage - approx
Ideal location & size for your dream boutique development (STCA)
Side access for easy construction
Flood free & no easements within the site boundaries
Walk to town centre
Range of permissible uses
House is in completely dilapidated condition

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Property History for 156 High St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$1,655,000
16 Dec 2020
  • 16 Dec 2020
    Sold for $1,655,000
  • 24 Nov 2020
    Listed for Sale AUCTION

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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 12,677 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 73 properties listed for sale, and 81 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 660 properties were sold in the past 12 months in Penrith.

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