172 Derby Street

Penrith NSW 2750

1271 m²

Land

Currently for sale - view listing

Overview

Boutique Corner Development Site

On behalf of the NSW Government, PRD Real Estate is pleased to offer 172 Derby Street, Penrith to the market via public auction. Positioned on a prominent corner allotment of 1,271sqm*, this vacant site presents a compelling opportunity within one of Western Sydney's most established and well-connected urban centres.^ Zoned R3 Medium Density Residential under the Penrith Local Environmental Plan, the site provides a clear pathway for medium density residential development.^ The central location offers convenience for future residents and is close to nearby amenities, including Penrith Station 1.5km*, Nepean Hospital 1.2km*, Penrith Public School 500m* and Penrith Selective High School 800m*. Key features: • Corner allotment 1,271 sqm* • R3 Medium Density Residential zoning • Site dimensions of approximately 22.8m x 55.5m • Vacant land - ready for development^ • Prominent corner position within an established Penrith streetscape • Central location with access to major transport, health, education and retail amenity Auction: 10.30am Wednesday, 22 July 2026 in rooms at Auctionworks, 50 Margaret Street, Sydney. ^Subject to council approval *Approximately This advertisement is for general information purposes only and is subject to statutory and legal requirements and approvals. Images are indicative only and may be subject to change without notice. No warranty is given as to its accuracy or completeness. To the extent permitted by law, PDNSW (including its agents and employees) disclaims any liability whatsoever in connection with, reliance upon or the use of this document. PDNSW does not control the adjacent area and plans for adjacent land use (including developments and facilities) can change at any time.