SOLD
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Sold on 13 Sep 2023 for $2,270,000

25 Lethbridge Street
Penrith NSW 2750

Bedrooms: 6
Bathrooms: 2
Car spaces: 3
Land area: 1606m2
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Property Details for 25 Lethbridge St, Penrith

25 Lethbridge St, Penrith is a 6 bedroom, 2 bathroom Other with 3 parking spaces. The property has a land size of 1606m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 6 bedroom Other sold in Penrith in the last 12 months.

Building Type
Other
Land Size
1606m2
Local Government
Penrith
Lot/Plan
31/22/DP2296

Last Listing description (September 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

A timeline of how this property has performed in the market
Last Sold
$2,270,000
13 Sep 2023
  • 13 Sep 2023
    Sold for $1,135,000
  • 18 Aug 2023
    Listed for Sale Auction Onsite Wednesday 13th September
  • 11 Nov 2015
    Listed 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 12,522 properties.

    There are currently 91 properties listed for sale, and 78 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 616 properties were sold in the past 12 months in Penrith.

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    Darren Latty
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    Thomas Latty
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    PRD Real Estate Penrith
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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.