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Back 20 Robert St
Off Market

20 Robert St

Penrith NSW 2750

4
2
3
House
Last sold for $1,625,000
Darren LattyDarren Latty, last sold this property on 01 June 2017 after 36 days on market.

Overview

R4 Zoned Development Site

Site area - 1397sqm (approx.) Frontage - 27.74m Height Limit - 15m Zoning - R4 High Density Residential. This is the ideal site to build that special boutique building that our market is demanding. There is plenty of talk about the supply of units in the Sydney market. Whatever your opinion in this area, there is one thing everyone is forgetting. No one is building apartments in the Penrith area that are designed for owner occupiers and even more importantly down sizers. With an ageing population demanding suitable housing options there is a wealthy niche market that most architects and builders are missing the boat on. This site is the ideal size to reconsider designing purely on yield and listen to the markets needs and build something that will appeal to wider marketplace. The reduced height limit has two direct impacts. Obviously it impacts on yield, which in turn could mean that you will only need to build a single basement car park. In fact our land gradient (which slopes back towards the street) should also help with excavation due to the fact that it is so high above the street. The location is in a peaceful residential environment, with exceptional views towards the Mountains and with a direct Northerly aspect. You simply won't find a better site in the area. Our owners have bought elsewhere with a delayed settlement and would consider longer settlement terms if your price reflects the delay. Expressions of interest close Wednesday 17th May at 5pm. Submissions must be made in writing via email darren@prd.net.au or in person to 379 High Street Penrith. For Information Memorandum and submission documents contact Darren Latty 0414 620 532 or email darren@prd.net.au

Features

4 bedrooms
2 bathrooms
3 carspaces
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Penrith over the last 12 months, the estimated median property value of 20 Robert St is $1.15m.

Median value
$1.15m
Estimated value range
$802k - $1.41m
Median days on market
34
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Penrith. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 20 Robert St

2018
Rented
Undisclosed
Leased on 09 Jan 2018 by PRD Penrith
2017
Rented
Undisclosed
Leased on 20 Dec 2017 by PRD Penrith
2017
Sold
$1,625,000
01 Jun 2017 by Darren Latty, of PRD Penrith

Happy sellers in Penrith

84%
84% of sellers in Penrith reported that their sale price either exceeded or met their price expectations.

Penrith stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 83 reviews in Penrith over the last 12 months.

Local market activity for 4 bedroom houses in Penrith

In the last 12 months, 25 four-bedroom houses similar to 20 Robert St, have been sold.

This represents a 47% increase in four-bedroom houses sales when compared to the previous 12 months.

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Amber Boumelhem

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