111 Station Street Penrith, 2750 NSW

Outstanding R4 Development Opportunity!

6 4 8

This exciting property is an investors dream with huge potential! Zoned R4 High Density Residential. This large 699sqm property is already approved as a Backpackers accommodation licensed for 24 beds plus managers residence, which makes this the perfect investment opportunity. The property is conveniently located in the heart of Penrith CBD, just 500 metres walking distance to Penrith Station, Penrith Westfield, and Nepean Square. It boasts 6 Bedrooms (awaiting some TLC) plus self-contained Managers residence, garage space for 8 cars and rear lane access. This is a rare opportunity for investors/developers that is sure to attract plenty of interest, so call our office today!

DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.

Sold $1.3M

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Inspection of this property is available strictly by arrangement only.

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