29/10/2024
79 - 87 Derby St, Penrith, Rare R4 Development Potential Site
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https://www.legendrealestate.com.au/property?property_id=1337531
R4 Development Potential Sites in the heart of Penrith
With its prime location in Penrith, 79, 81, 83 ,85, 87 Derby St, Penrith (5 Properties in a row) presents an excellent investment and development opportunity, spanning approximately 2964sqm, the offering is a zoned R4 high-density residential site with an 18m height capacity.
Click below for more details :
https://www.legendrealestate.com.au/property?property_id=1337531
The property is located in a prime high-growth pocket of Penrith, close to Nepean Hospital, Selective School, Penrith Station and CBD with access to express city transport and a selection of quality schools, shops, stadiums and much more.
This is a rare opportunity to join and benefit from the beginning of a big future in a region on the rise.
*** Total Land Information ***
* 5 Houses in a row
* Total of 2964 sqm of land
* Zoned R4 High Density Residential
* 18m Height Capacity
* Total Frontage - app 75m
* Currently all properties are leased with a total rental return $2335 per week. Great Cashflow
- 79 Derby St, Penrith, Land size: 594 m², Rent: $400/week
- 81 Derby St, Penrith, Land size: 594 m², Rent: $610/week
- 83 Derby St, Penrith, Land size: 601 m², Rent: $425/week
- 85 Derby St, Penrith, Land size: 601 m², Rent: $490/week
- 87 Derby St, Penrith, Land size: 574 m², Rent: $410/week
With its prime location in Penrith, 79, 81, 83 ,85, 87 Derby St, Penrith (5 Properties in a row) presents an excellent investment and development oppor...