156-158 Henry StreetPenrith NSW 2750
Property Details for 156-158 Henry St, Penrith
Last Listing description (September 2024)
Raine & Horne Commercial Penrith is delighted to present 156-158 Henry Street, Penrith to the market for sale. This is an incredibly rare opportunity to own a significant piece of real estate in the Penrith CBD. The property is directly opposite Westfield Penrith and only 200 metres to Penrith Train and Bus Interchange. The site is for sale via Expressions of Interest (EOI) which closes on Tuesday 30 July 2024 at 2pm.
• Suitable for owner occupiers, investors and developers
• Ideal location directly opposite Penrith Westfield with high vehicle and pedestrian traffic
• Strong rental growth with market reviews incorporated and scheduled increases
• Net income of $378,231.36* + GST per annum
• Potential development upside with favourable planning controls including 3:1 FSR and 20m height limit
• Positioned to benefit directly from NSW Government infrastructure expenditure such as Western Sydney Airport
• EOI closes on Tuesday 30 July 2024 at 2pm
*Approximately
Property History for 156-158 Henry St, Penrith, NSW 2750
- 11 May 2026Sold
- 24 Jun 2024Listed for Sale Expressions of Interest
- 21 Jun 2023Listed for Rent - Price not available
Recent sales nearby
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About Penrith 2750
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 13,143 properties. Over the last 5 years, Houses in Penrith have seen a 31.65% increase in median value, while Units have seen a 30.86% increase. As at 31 August 2026:
- The median value for Houses in Penrith is $1,062,065 while the median value for Units is $633,487.
- Houses have a median rent of $630 while Units have a median rent of $580.
Suburb Insights for Penrith 2750
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