CBRE, as the exclusive listing agent is pleased to present 1 Renshaw Street, Penrith; an exciting development opportunity within the rapidly growing Nepean region. 1 Renshaw Street boasts a significant 1.49Ha* raw land offering with developable IN2 Light Industrial zoning. Commanding a prominent location, the property is just moments from Penrith CBD and Stockland’s new housing development, Waterside Estate.

With IN2 Light Industrial zoning, 12m height limit and flat topography, this site is ideal for development. These planning controls, along with the sites proximity to the busy Andrews Road, allows for the development of a variety of uses.

The site will also benefit from stable growth in the Penrith City Council which is due to rapidly expand with many new government backed developments occurring in the Greater Sydney region including; North-South Rail Link, Outer Sydney Orbital, & the Western Sydney International Airport.

1 Renshaw Street, Penrith benefits from the following key attributes:
•Generous 14,892sqm* land offering
•IN2 Light Industrial zoning allowing for development upside (STCA)
•Potential uses include: Hotel/Motel Accommodation, Service Stations, Take Away Food & Drink, Childcare, Community Facilities, Function Centre, Self Storage and Warehouse & Distribution
•Located in the heart of the rapidly growing Nepean region, just moments from Waterside Estate
•Close proximity to amenities, including upgraded Nepean Hospital, upcoming North-South rail line and future Western Sydney Airport

1 Renshaw Street, Penrith will be sold via an Expression of Interest campaign, closing 15 June 2021 at 4pm.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.