20-28 Lethbridge Street, Penrith, NSW 2750 | Land for sale | OnTheHouse
 
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20-28 Lethbridge Street
Penrith NSW 2750

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Land area: 3137m2
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Construction Certificate Approved Development Site 3137sqm | 81 Apartments | $595k+ Contributions Paid Immediate Build-Ready Opportunity

PRD Project Marketing are proud to be appointed as the Exclusive Agents for the sale of
20-28 Lethbridge Street, Penrith.
Approved for a six-storey residential flat building comprising 81 apartments with two basement levels, this shovel-ready project offers builder-developers a rare opportunity to deliver in one of Western Sydney's fastest growing centres. All development contributions have already been paid, the Construction Certificate has been issued, and the vendors are ready to meet the market at public auction.
Rarely does the market offer such a complete development package - eliminate planning risk, leverage pre-paid contributions, and capitalize on severe supply shortage conditions.
Site Details:
• 3137sqm consolidated site with 79.5m frontage
• Lot 1 DP 1255661 - clean title, ready to settle
• 81 apartments across 6 levels plus basement parking
• Mix: 11 x 1BR (56-57sqm), 61 x 2BR (75-82sqm), 9 x 3BR (109-112sqm)
Approvals Status:
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Property Details for 20-28 Lethbridge St, Penrith

Building Type
Land
Land Size
3137m2
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About Penrith 2750

The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of total area. The population of Penrith in 2016 was 13295 people. By 2021 the population was 17966 showing a population growth of 35.1% in the area during that time. The predominant age group in Penrith is 20-29 years. Households in Penrith are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation.In 2021, 36.00% of the homes in Penrith were owner-occupied compared with 40.70% in 2016.

Penrith has 12,901 properties. Over the last 5 years, Houses in Penrith have seen a 55.29% increase in median value, while Units have seen a 34.48% increase. As at 30 November 2025:

  • The median value for Houses in Penrith is $1,079,354 while the median value for Units is $600,019.
  • Houses have a median rent of $580 while Units have a median rent of $580.
There are currently 81 properties listed for sale, and 73 properties listed for rent in Penrith on OnTheHouse. According to Cotality's data, 634 properties were sold in the past 12 months in Penrith.

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Darren Latty
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