SOLD
Sold on 21 Dec 2023 for $24,000,000

61-79 Henry Street
Penrith NSW 2750

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 61-79 Henry St, Penrith

Building Type
Commercial
Local Government
Penrith
Lot/Plan
1/DP771927

Last Listing description (November 2023)

The Henry Lawson Centre - Penrith

Colliers presents, The Henry Lawson Centre, 61-79 Henry Street, Penrith to the market for sale via Private Treaty.

Representing one of the most exciting and scalable development opportunities Greater Western Sydney has to offer, the Henry Lawson Centre offers the following key highlights:

- Commanding 16,160m* corner allotment

- Existing 4:1 FSR + incentives
- Potential 88,815m^ GFA
- Planning Proposal to allow residential accommodation as an additional permitted us on the site^
- B3 Commercial Core Zoning to allow residential^
- Significant improvements with established tenancy mix and holding income
- Core Penrith location amongst thriving amenity and lifestyle
- Convenient access to transport, healthcare, and employment

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

*Approximately. ^Subject to VPA Finalisation

Property History for 61-79 Henry St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$24,000,000
21 Dec 2023
  • 27 Apr 2023
    Listed for Sale Please contact agent
  • 11 Jul 2022
    Listed for Rent $127,010 pa gross + GST
  • 18 Jun 2018
    Listed for Rent - Price not available
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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 12,686 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 80 properties listed for sale, and 85 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 670 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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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.