42 Penshurst Street,
Penshurst, NSW 2222
Shops & Retail • Development Sites & Land
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Map of 42 Penshurst Street
Freehold Investment With Upside
CPG are pleased to present for sale via private treaty this freehold, mixed use property in amongst one of St George’s most bustling shopping strips including well known destination businesses such as Penshurst Hotel, BWS Liquor, IGA, Jetts Fitness, Penshurst RSL and many more, and only 200m* from Penshurst Station.
Ideal for the astute investor looking to maximise an underdeveloped site and generate strong rental income, or to an owner occupier to make a purpose built retail premises and have secondary income from an additional level.
Key Features:
* Underdeveloped 221m²* land area
* 135m²* building area
* Rear lane access and adjoining public carpark
* Current passing income from long standing tenant, The Cheesecake Shop - a business proven to be stable amidst lockdowns
* PRIME location only 200m* from Penshurst station
* Retail strip with many highly successful and long standing businesses such as Penshurst Hotel, BWS Liquor, IGA, Jetts Fitness,
Penshurst RSL and many more
* B2 - Local Centre zoning allowing for mixed use (commercial and residential)
* Floor space ratio of 2:1, potential total building area of 442m²* (STCA)
* 15m* Building height limit
For further information or to arrange a private inspection, please contact exclusive sales agents Ryan McMahon 0429 228 4... or Greg Carr 0477 880 5....
*Approximate.
Ideal for the astute investor looking to maximise an underdeveloped site and generate strong rental income, or to an owner occupier to make a purpose built retail premises and have secondary income from an additional level.
Key Features:
* Underdeveloped 221m²* land area
* 135m²* building area
* Rear lane access and adjoining public carpark
* Current passing income from long standing tenant, The Cheesecake Shop - a business proven to be stable amidst lockdowns
* PRIME location only 200m* from Penshurst station
* Retail strip with many highly successful and long standing businesses such as Penshurst Hotel, BWS Liquor, IGA, Jetts Fitness,
Penshurst RSL and many more
* B2 - Local Centre zoning allowing for mixed use (commercial and residential)
* Floor space ratio of 2:1, potential total building area of 442m²* (STCA)
* 15m* Building height limit
For further information or to arrange a private inspection, please contact exclusive sales agents Ryan McMahon 0429 228 4... or Greg Carr 0477 880 5....
*Approximate.
Property ID: 503894858Last Updated: 20 Dec 2022
Commercial Property Group - Southern Sydney
239 Rocky Point RdRAMSGATE, NSW 2217
42 Penshurst Street
Penshurst, NSW 2222
Commercial Property Group - Southern Sydney239 Rocky Point Rd
RAMSGATE, NSW 2217
RAMSGATE, NSW 2217
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