25 Lethbridge StreetPenrith NSW 2750
Property Details for 25 Lethbridge St, Penrith
25 Lethbridge St, Penrith is a 6 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 805m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (December 2023)
R4 Zoned High Density Development Site
2 adjoining houses in one of Penrith's most active residential streets that is fast becoming a thriving medical precinct.
The property has a wide frontage of over 30m & is postioned only 300m from the Hospital.
The first Stage of the $1 billion upgrade to Nepean Hospital is complete showing the investment from Government in the area.
Private sector investment is in full swing with numerous Private Hospitals, Medical Centres & Specialist Clinics popping up in every street surrounding this huge employment driver.
Golden rules of development are buy where there is infrastructure expenditure, job creation & population growth.
We doubt you could find a property anywhere that comes close to scoring the highest possible points for meeting the above criteria.
Ideal size to build to rent. Holding income while you design your building.
R4 Zoned High Density Development Site
1606sqm with 32m frontage - approx
Ideal for boutique high density residential development
Surrounded by medical practitioneers & only 300m to the Nepean Hospital
2 existing houses providing rental return
Range of permissible uses
Total area 1606sqm
Lots 31 & 32
Section 22 in DP2296
Frontage 33.528m
Depth 46.857m
Zoning R4 High Density Residential
Height limit 18m
Identified as not being effected by Council's flood policy
Disclaimer: We have been furnished with the above information however, PRD Penrith & PRD Blue Mountains gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
Property History for 25 Lethbridge St, Penrith, NSW 2750
- 13 Sep 2023Sold for $1,135,000
- 18 Aug 2023Listed for Sale Auction Onsite Wednesday 13th September
- 11 Nov 2015Listed for Sale $2,850,000
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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 12,534 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.
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