SOLD
Sold on 08 Dec 2023 for $1,347,500

8/9-12 Lambridge Place
Penrith NSW 2750

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 256m2
Land area: 299m2
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Sold By
Robert Dowdy
CBRE Western Sydney
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Property Details for 8/9-12 Lambridge Pl, Penrith

Building Type
Commercial
Floor Size
256m2
Land Size
299m2
Local Government
Penrith
Lot/Plan
8/SP79753

Last Listing description (November 2023)

CBRE & PRD Commercial West as the exclusive sales agents are pleased to present Unit 8, 9-12 Lambridge Pl, Penrith to the market for sale. The property represents an attractive modern strata unit offering the opportunity to occupy or invest in a prime location. Situated in the heart of Penrith E4: General industrial zoning precinct, moments from major services and amenities.

Unit 8, 9-12 Lambridge Place, Penrith benefits from the following key attributes:


Building Area: 256sqm* / Strata Area: 299sqm*
Strata Mezzanine: 43sqm* | Added Mezzanine: 69sqm* | Total Mezzanine: 112sqm*
Clear span warehouse
E4: General Industrial Zoning
Circa 7M* clearance for easy racking
One (1) motorised container sized roller shutter door
20 & 40 foot container access
* Heavy duty mezzanine for additional storage
Three (3) phase power
High bay lighting
Well-presented corporate style mezzanine level office with full staff amenities
Three (3) car spaces on-site
Fully secured complex. CCTV cameras.
Walking distance to Atmosphere Health & Fitness Club, Mind Champs Early Learning & Nutrition Station Caf.
Located off Castlereagh and Andrews Road, within the Lambridge Business Park
Situated in Lambridge Business Park
Just 6 minutes* to the Penrith CBD, 8 minutes* to the M4 Motorway and only 27 minutes* to the new Western Sydney Airport.

Unit 8, 9-12 Lambridge Pl, Penrith will be sold via on-site Public Auction at 11:00am Friday the 8th of December, 2023.

For more information or to request access to the due diligence room, please contact the exclusive selling agents Robert Dowdy on 0499 007 000 or Lauren Fitzpatrick on 0455 178 765.

*approximate

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Property History for 8/9-12 Lambridge Pl, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$1,347,500
08 Dec 2023
  • 08 Dec 2023
    Sold for $1,347,500
  • 01 Nov 2023
    Listed for Sale Contact Agent
  • 03 Sep 2020
    Sold for $693,000
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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 12,572 properties. Over the last 5 years, Houses in Penrith have seen a 57.79% increase in median value, while Units have seen a 29.32% increase. As at 30 September 2024:

  • The median value for Houses in Penrith is $965,319 while the median value for Units is $550,284.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 108 properties listed for sale, and 66 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 627 properties were sold in the past 12 months in Penrith.

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