1/2 Hillcrest RoadPennant Hills NSW 2120
Property Details for 1/2 Hillcrest Rd, Pennant Hills
Last Listing description (May 2026)
FOR SALE - Investment with income and growth potential
• 2 Office Suites providing Dual Income - To be sold in one line
• Long standing professional tenants
• Going Concern - No GST required on purchase price
PRD Norwest is proud to present a premier Office investment located within the Pennant Hills retail / commercial precinct. This is rare opportunity to purchase an investment in then heart of Pennants Hill's thriving professional and retail community.
The investment comprises of 2 Office units located on the top floor of this multi - level complex. 2 Hillcrest Road is home to long standing and professional occupiers who appreciate the location and benefits for their clients of this address.
The property has the following investment highlights:
• 1 Existing lease expiring 2026 plus 2 year option - long standing Legal tenant within the building since early 1990's
• 1 New 3 + 3 + 3 year lease to existing tenant commencing 1st June 2024 - medical profession - occupied since 2006
• 2 & 70 sqm office units plus 4 secure undercover car spots within the building
• Landlord friendly leases covering all commercial terms
• Excellent location with short walk to Pennant Hills Station and local shopping centres.
• Immediate Car access to main arterial roadways being Pennant Hills Road and M2 Motorway / Pacific Highway to City and North
• Zoned: E1 - Local Centre
• Net Income: $ 85,102 pa + GST
This investment opportunity within this prime commercial precinct does not come around often !!
For further information or for a copy of the Information memorandum please call either George Dolores or Zac Inkster
Property History for 1/2 Hillcrest Rd, Pennant Hills, NSW 2120
- 11 May 2026Listed for Sale Excellent Investment - 6 % plus return
- 11 May 2026Sold for $562,500
- 26 Sep 2018Listed for Sale For Sale: $1,400,000
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0About Pennant Hills 2120
The size of Pennant Hills is approximately 6.2 square kilometres. There are 18 parks, covering nearly 57.5% of the total area. The population of Pennant Hills in 2016 was 7287 people. By 2021 the population was 7588 showing a population growth of 4.1% in the area during that time. The predominant age group in Pennant Hills is 50-59 years. Households in Pennant Hills are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Pennant Hills work in a professional occupation.In 2021, 73.50% of the homes in Pennant Hills were owner-occupied compared with 76.50% in 2016.
Pennant Hills has 3,417 properties. Over the last 5 years, Houses in Pennant Hills have seen a 4.41% increase in median value, while Units have seen a 25.63% increase. As at 30 June 2026:
- The median value for Houses in Pennant Hills is $2,016,687 while the median value for Units is $743,882.
- Houses have a median rent of $910 while Units have a median rent of $630.
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