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Description: Fantastic opportunity awaits the right buyer to purchase a property with endless potential centrally located in the City of Penrith.
The property is found near Penrith's Medical Hub with short drive to the Penrith CBD. Every family member can enjoy all the amenities and recreation facilities this thriving and prosperous city has on offer.
This regular shaped block sitting on the high side and falling to the road is 632m2 (approx..) in area zoned R4 high Density residential with a height limit of 18m and possible future development opportunities subject to council approval.
The flowing floor plan of this home includes three great sized bedrooms, all fitted with built in robes, open plan style kitchen with 900m cooking range and plenty of cupboard space. Premium living space with lounge room and separate huge family room. Sparkling main bathroom plus a second shower and toilet in the laundry. Single detached garage.
This property combines lifestyle and investment potential in one. Perfectly positioned near Nepean District Hospital, Penrith Academic selective school, Western Sydney University, Train Stations, Public transport and M4 motorway. A short drive to Penrith CBD with an abundance of cafes, restaurants and shopping opportunities making everyday living easy and convenient.
Whether you are searching for a comfortable family home, a rental-ready investment property in Penrith, or a block with development potential (STCA), 6 Hope Street Penrith is perfectly positioned to deliver.
While the property is move-in ready, it may require a little TLC, giving buyers the chance to update and add further value.
Penrith City is found within the capital growth corridor of Western Sydney Region with the significant upgrade of Penrith's Medical Hub, The New Western Sydney International Airport due to open in 2026, The New Airport Metro currently under construction, The New M12 motor way and other associated major infrastructure projects. The Western Sydney Region is drawing a lot of business activity and investment due to all the infrastructure projects.
Highlight aspects of this property:
+ Prime Western Sydney rapid growth corridor location
+ Near Significantly upgraded Penrith's City Medical Hub
+ Raw site perched on high side of the road
+ Zoning: Sought after R4 (High density Residential development)
+ Height: 18m
+ Total Area: 632m2 (approx.)
+ Gradient: Falls to the Road
+ Secure income: Currently leased for $610pw
+ Short Drive to Westfield & Nepean Village, Panthers, Train Station, Penrith Academic Selective High School & High Street
+ Easy access M4 Western Sydney Motorway & Western Sydney International Airport.
A lot more to see upon your inspection....
For more information call Joseph Vella on 0403 183 638 or Rod McIvor on 0433 189 715.
Be quick to register your interest before it is too late!
**Zone R4 High Density Residential (Penrith Local Environmental Plan 2010)
Objectives of this zone:
1.
+ To provide for the housing needs of the community within a high-density residential environment.
+ To provide a variety of housing types within a high-density residential environment.
+ To enable other land uses that provide facilities or services to meet the day-to-day needs of residents.
+ To ensure that a high level of residential amenity is achieved and maintained.
+ To encourage the provision of affordable housing.
+ To ensure that development reflects the desired future character and dwelling densities of the area.
2.
Permitted without consent home occupations.
3.
Permitted with consent Boarding houses; Building identification signs; Business identification signs; Car parks; Centre-based child care facilities; Community facilities; Emergency services facilities; Environmental protection works; Exhibition homes; Exhibition villages; Flood mitigation works; Home-based child care; Home businesses; Information and education facilities; Neighbourhood shops; Oyster aquaculture; Places of public worship; Recreation areas; Recreation facilities (indoor); Residential accommodation; Respite day care centres; Roads; Shop top housing
***Please note: Some images may be AI generated or have been digitally styled for marketing purposes only. Any prospective buyer must physically inspect the property before submitting an offer to purchase this property. Note the rear deck seen in some images has since been removed and as is not included in the sale of this property.
Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, Agent4U Realty Group does not warrant, represent, or guarantee the accuracy, adequacy, or completeness of the information. Agent4U Realty Group accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.
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