PRD Penrith Level 1/27 Lawson Street Penrith, NSW, 2750 02 4732 3711
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72-74 Lethbridge Street & 35 Doonmore Street
penrith
NSW, 2750

SOLD

Sold for $2,720,000

listing rooms 3
listing bathrooms 1
listing parking 2
Land: 1884 sqm

DA Approved Development Site

Well positioned development site in a prominent corner position.

Number of Apartments - 40

Product Mix -

- 2 x 1 bedroom

- 36 x 2 bedroom

- 2 x 3 bedroom

Sale method - To be Auctioned on site Wednesday 4th September 2019 at 2pm.

Recent Auction clearance rates point very clearly to a market recovery with most experts predicting the bottom of the market is now.

There is a number of attributes that make this site the best option for you in the market today.

- DA Approved in June 2019 the site has a 5 year approval period.
- Currently there is 3 houses in poor to average condition.
- Ideal product mix
- Easy build location with 2 street access from wide roads
- Affordable area with strong first home buyer interest
- Quiet area ideal for down sizers
- Close to Penrith CBD yet removed from high traffic flow

Currently the property consists of 3 house in poor to average condition.

Agents

Events

Nearby Schools

About penrith

median house price

895000

suburb growth

5.2%

median house rent

550

suburb rental yield

3.2%
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Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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