2-4 & 6 Haynes Street and 12 Thurston Street,
Penrith, NSW 2750
Other • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
CBRE - Western Sydney
Level 4 10-14 Smith StreetPARRAMATTA, NSW 2150
2-4 & 6 Haynes Street and 12 Thurston Street
Penrith, NSW 2750
Map
RESIDENTIAL APARTMENT BLOCK INVESTMENT | POTENTIAL DEVELOPMENT UPSIDE (STCA)
- 2 Apartment Blocks + Residential House
- 2,615sqm* R4 Zoned site
- Substantial $267,972.57 * Gross Income
CBRE as the exclusive sales agents are pleased to present to the market 2-4 & 6 Haynes Street and 12 Thurston Street, Penrith. The property represents a great opportunity to acquire two apartment blocks providing 18 2-bed units alongside a single residential dwelling on 2,615sqm*.
2-4 & 6 Haynes Street and 12 Thurston Street, Penrith benefits from the following key attributes:
-Substantial $267,972.57* Combined current gross income over the properties providing stable long term passive income
-Significant 2,615sqm* combined site area in a key West Sydney growth precinct
-Favourable R4 High Density Residential zoning permitting 15m height limit with no specified FSR allowing for potential further development upside (STCA)
-Proximity to several key locations including Westfield Penrith, Western Sydney University Kingswood, Penrith and Kingswood Train Station and Napean Hospital
-Opportunity for rental reversion in a low vacancy market allowing for rental uplift with a estimated fully leased market gross income of $320,678.57*
-Part of the West Sydney growth precinct with several key NSW led developments in the pipeline benefitting the area
Please enquire directly with the exclusive agents to arrange a private viewing.
for more information or to request access to the due diligence room, please contact the exclusive selling agents.
Approx*
2-4 & 6 Haynes Street and 12 Thurston Street, Penrith benefits from the following key attributes:
-Substantial $267,972.57* Combined current gross income over the properties providing stable long term passive income
-Significant 2,615sqm* combined site area in a key West Sydney growth precinct
-Favourable R4 High Density Residential zoning permitting 15m height limit with no specified FSR allowing for potential further development upside (STCA)
-Proximity to several key locations including Westfield Penrith, Western Sydney University Kingswood, Penrith and Kingswood Train Station and Napean Hospital
-Opportunity for rental reversion in a low vacancy market allowing for rental uplift with a estimated fully leased market gross income of $320,678.57*
-Part of the West Sydney growth precinct with several key NSW led developments in the pipeline benefitting the area
Please enquire directly with the exclusive agents to arrange a private viewing.
for more information or to request access to the due diligence room, please contact the exclusive selling agents.
Approx*
Property ID: 504153523Last Updated: 13 Dec 2022
CBRE - Western SydneyLevel 4 10-14 Smith Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from CBRE - Western Sydney
Other properties you might be interested in based on the location and property type you are looking at.