Proudly presented by your trusted local expert Udaya Puttagunta (Krish) and the team at Ray White United Group, with a proven track record in high-density, development, and investment sales. 81 Derby Street, Penrith stands as one of the finest properties in the street, offering a rare combination of quality living, strong rental returns, and flexible development potential in one of Western Sydney's fastest-growing hubs.
Situated near Nepean Hospital, and close to Penrith CBD, Kingswood Station, Western Sydney University and TAFE, this property is ideally positioned to benefit from the region's significant growth, increasing rental demand, and long-term capital appreciation.
Whether your goal is to invest and lease with strong weekly returns, occupy a modern double-brick home, or redevelop under its R4 High Density zoning, this property represents an exceptional opportunity in a tightly held growth precinct.
PROPERTY FEATURES
• Double brick, near-new home in excellent condition
• 4 Bedrooms, 2 Bathrooms, multiple living zones (family, dining, lounge)
• Open plan layout with wooden floating floors
• Double lock-up garage plus 3 additional open car spaces
R4 HIGH DENSITY DEVELOPMENT POTENTIAL (STCA)
• Zoned R4 High Density Residential with an 18m height limit.
• Amalgamation Potential: Can be combined with 79 Derby Street (same ownership) to create a larger, strategic development site.
• Development possibilities include - apartments or multi-dwelling housing; medical centre or allied health facility; co-living or boarding house accommodation; childcare or early learning centre; build-to-rent or long-term rental-focused project.
LOCATION HIGHLIGHTS
• Close to Nepean Hospital - strong demand from medical staff and students
• Transport connections: Penrith and Kingswood Stations, M4 Motorway, and Great Western Highway
• Education: Western Sydney University, TAFE NSW Kingswood, and local schools
• Retail and lifestyle: Westfield Penrith, Panthers Precinct, Nepean River dining and recreation
• Future growth: Western Sydney International Airport (opening 2026) and billions in infrastructure investment
WHY THIS PROPERTY IS A STANDOUT INVESTMENT
• Premium construction - double brick, near-new home with modern finishes
• Dual appeal - suits families, investors, developers, or medical users (STCA)
• High rental demand - potential returns of $710-$750 per week
• Clean site - no flood, bushfire, or heritage restrictions
• Amalgamation potential - combine with 79 & 83 Derby Street for larger-scale development
• Strategic location - close to transport, CBD, hospital, university, and lifestyle hubs
CALL TO ACTION
• Don't miss this rare chance to secure one of Penrith's best-positioned homes with both strong rental returns and R4 development potential.
• Call Krish on 0468 594 122 today.
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DISCLAIMER
The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.
