CBRE as the exclusive sales agent are pleased to present Henry Lawson Centre, Penrith to the market.
61-79 Henry Street presents an opportunity for an incoming developer looking to capitalise on Penrith's prospects of growth and secure a large scale, mixed-use residential complex and integrated commercial development site with holding income.
Large land holding in single ownership, with the potential for over 88,800sqm* of Gross Floor Area (STCA).
The opportunity benefits from the following key attributes:
- E2 Commercial Centre Zoning
- Potential for 88,880sqm* of GFA^
- Voluntary Planning Agreement with Penrith City Council
- Suitable for Residential, Build-to-Rent (BtR), Student Accommodation, Co-living Solutions, Retail, Hotel and Healthcare^
- Holding income stream, short term leases
- 10 minute* walk to Penrith Train Station and Westfield
- Capitalise on Penrith's transformation into a major economic hub - $7.9bn of local economic output with population forecast to reach 1 million by 2031
For a copy of the Information Memorandum or to find out more about the opportunity, please contact the exclusive listing agent listed below
Alex Mirzaian - +61 400 523 523
James Douglas - +61 419 973 243
Ben Wicks - +61 422 206 015
*approx
^ Subject to Council Approval