156-158 Henry Street Penrith NSW 2750

Raine & Horne Commercial Penrith is delighted to present 156-158 Henry Street, Penrith to the market for sale. This is an incredibly rare opportunity to own a significant piece of real estate in the Penrith CBD. The property is directly opposite Westfield Penrith and only 200 metres to Penrith Train and Bus Interchange. The site is for sale via Expressions of Interest (EOI) which closes on Tuesday 30 July 2024 at 2pm.

• Suitable for owner occupiers, investors and developers
• Ideal location directly opposite Penrith Westfield with high vehicle and pedestrian traffic
• 100% leased to 4 high quality tenants such as St George Bank and Australian Mutual Bank
• Strong rental growth with market reviews incorporated and scheduled increases
• Net income of $378,231.36* + GST per annum
• Potential development upside with favourable planning controls including 3:1 FSR and 20m height limit
• Positioned to benefit directly from NSW Government infrastructure expenditure such as Western Sydney Airport
• EOI closes on Tuesday 30 July 2024 at 2pm

*Approximately