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72 Lethbridge Street

Penrith NSW 2750

5
1
1902 m²
House
Currently for sale - view listing

Overview

72 LETHBRIDGE STREET, 74 LETHBRIDGE STREET & 35 DOONMOORE- R4 DEVELOPMENT OPPORTUNITY

Three Adjoining Properties | 1,902sqm Combined Landholding An exceptional opportunity to secure one of Penrith CBD's most significant raw development sites, comprising three adjoining properties with a combined land area of approximately 1,902sqm. Positioned on a prominent corner site within the rapidly evolving Penrith City Centre, this rare offering provides outstanding flexibility to purchase the properties in one line or individually. Two of the three properties are currently tenanted, providing immediate holding income while future development plans are finalised. As Penrith continues its transformation into Western Sydney's next major metropolitan centre-with significant investment in transport, health, education, and high-density residential living-opportunities of this scale are becoming increasingly scarce. The R4 High Density Residential zoning supports intensified residential development, subject to council approval. Property Highlights + Three adjoining properties offered in one line or individually + Combined landholding of approximately 1,902sqm + R4 High Density Residential zoning + Two properties currently leased, providing holding income + Premium corner position within Penrith CBD + Level, regular-shaped development site + One of the few remaining large-scale redevelopment opportunities within the CBD + Moments from Penrith Station, Westfield Penrith, Nepean Hospital, Western Sydney University, and major arterial roads + Positioned within one of Sydney's fastest-growing metropolitan centres, supported by substantial government and private investment + The properties currently consist of the following: 72 Lethbridge Street + Original-condition three-bedroom fibro home + Approx. 15.5m frontage × 36.5m depth = 556sqm 74 Lethbridge Street + Damaged home – land value only + Approx. 15.5m frontage × 36.5m depth = 556sqm 35 Doonmore Street + Neat and tidy two-bedroom fibro home with a lock-up garage + Approx. 16.45m frontage × 46.4m depth = 790sqm + Total Site Area: Approximately 1,902sqm + Don't miss this rare opportunity. Contact us today for further information.

Features

5 bedrooms
1 bathroom
1902 m² lot size
House

Property history for 72 Lethbridge Street

2014
Sold
Undisclosed
25 May 2014 by Stephen Thomas, of LJ Hooker Penrith

Happy sellers in Penrith

87%
87% 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 76 reviews in Penrith over the last 12 months.

Local market activity for 5 bedroom houses in Penrith

In the last 12 months, 8 five-bedroom houses similar to 72 Lethbridge Street, have been sold.

This represents a 30% increase in five-bedroom houses sales when compared to the previous 12 months.

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