145 Derby St, Penrith is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 696m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 4 bedroom House sold in Penrith in the last 12 months.
Welcome to 145 Derby Street, Penrith - an exceptional opportunity to secure a prime R4 zoned property in one of Penriths most tightly held growth locations. With the neighbouring property at 147 Derby Street also available for purchase, buyers have the rare opportunity to secure one or both adjoining sites in the heart of Penrith CBD.
Situated within a street renowned for future growth and redevelopment, this property presents outstanding potential for investors, developers and landbankers alike. The existing home offers immediate rental appeal with the potential to generate a strong rental return while future plans are considered, making this an excellent opportunity to secure both short and long-term value.
Features youll love:
Location Highlights:
- Positioned on one of Penriths most desirable streets for future growth
- Zoned R4 High Density Residential
- Suitable for a range of future developments including apartments, medical facilities, childcare centres and boarding houses (STCA)
- Similar surrounding sites have already been redeveloped into multi-level residential and commercial projects
- Located approximately 500m from Nepean Hospital
- Surrounded by established medical and commercial businesses
- Opportunity to secure two adjoining sites with significant development potential
- Strong potential for consistent rental income while planning future redevelopment
Property Details 145 Derby Street (approx.):
Land Size: 695.6sqm
Frontage: 15.24m
Depth: 45.72m
Combined Land Details 145 & 147 Derby Street (approx.):
Total Site Area: 1,378.5sqm
Combined Frontage: 30.14m
Depth: 45.72m
With substantial government and private investment continuing throughout Penrith, opportunities of this calibre are becoming increasingly difficult to secure. Whether you are looking to invest, lease out, redevelop or landbank for the future (STCA), this property offers flexibility, location and exceptional long-term potential.
For further information, please contact Joseph Vella on 0403 183 638 or Rod McIvor on 0433 189 715.
Disclaimer: All information contained herein has been obtained from sources deemed reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries and investigations. Images are for illustrative purposes only and do not represent the final product or finishes.
The size of Penrith is approximately 12.5 square kilometres. There are 35 parks, covering nearly 13.5% of the 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 13,036 properties. Over the last 5 years, Houses in Penrith have seen a 46.22% increase in median value, while Units have seen a 33.31% increase. As at 31 May 2026:
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