20/156-158 Henry StreetPenrith NSW 2750
Property Details for 20/156-158 Henry St, Penrith
Last Listing description (May 2026)
RWC Western Sydney is proud to present 20 Riley Street, also known as 156-158 Henry Street, Penrith an exceptional trophy retail investment in the heart of Penrith CBD.
Positioned within the heart of Penrith's prime retail strip, this substantial freehold opportunity occupies a 904sqm* landholding and comprises an impressive 916.3sqm* of building area, offering investors a rare combination of scale, security, and blue-chip tenancy. The asset is anchored by established occupants including St George Bank/ Westpac and York Jewellers brand new flagship store, delivering secure income underpinned by strong covenant strength and long-term investment confidence.
The property benefits from prominent main street exposure, dual street frontage, and immediate proximity to Westfield Penrith and the Train and Bus Interchange. This strategic positioning ensures strong pedestrian traffic, excellent connectivity, and ongoing demand, supporting both income resilience and long-term capital growth.
Additional highlights of the property:
Prominent land holding of 904.5sqm with 916.3sqm of building area
Net annual income of $390,949.53* p.a
Fixed rental increases of 3% per annum
Long term leases in place, offering a strong Weighted Average Lease Expiry (WALE)
Zoned E2 Commercial Centre
Significant dual street frontage to Henry Street and Riley Street
Prime main street exposure with high foot traffic
Immediate access to an abundance of local amenities and public transport
The property will be offered for sale via In-Room Auction, Monday 11 May 2026 at 11:00am.
150 George Street, Parramatta
For more information, please contact the exclusive selling agents.
*Approximately
Property History for 20/156-158 Henry St, Penrith, NSW 2750
- 11 May 2026Sold
- 13 Apr 2026Listed for Sale In-Room Auction
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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 13,036 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:
- The median value for Houses in Penrith is $1,141,368 while the median value for Units is $649,319.
- Houses have a median rent of $620 while Units have a median rent of $573.
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