145-147 Derby Street, Penrith, NSW, 2750, Australia

Finding one property in a location as good as this can take decades. Finding 2 is almost impossible.

Situated in one of Penrith's most desireable streets for future growth & expansion. These 2 homes are in fair condition & would provide a consistent rent return while you weigh up the highest & best use.

Similar properties in the area have been developed in to multi level apartments, medical centres, child care centres & boarding houses.

This really is an investment into the growth of Penrith as a City & the exceptional opportunities current Government & Private sector expenditure is bringing to the area.

• R4 Zoned High Density Residential
• 2 adjoining houses on separate titles
• Total area & frontage exceed minimum requirements for development
• Surrounded by medical practitioneers & only 500m to the Nepean Hospital
• Prime CBD location
• Ideal for investment today with significant development upside
• Zoning allows a wide range of potential uses suitable for high density location

145 Derby Street, Penrith

Lot 12B DP 25965
Frontage 15.24m
Area 695.6sqm
Large 4 bedroom home with 2 bathrooms.
Potential rental Income $600-620 per week
147 Derby Street, Penrith

Lot 13B DP 25965
Frontage 14.94m
Area 682.9sqm
Potential rental income of $500-520 per week

Disclaimer: We have been furnished with the above information however, PRD Penrith & PRD Blue Mountains gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.