63 Leland StreetPenrith NSW 2750
Property Details for 63 Leland St, Penrith
Last Listing description (December 2020)
CBRE and PRD Commercial are pleased to offer for sale this rare investment opportunity at 63 Leland Street, Penrith which features:
- 1,791sqm* freestanding building which has just been fully renovated, including new faade, car park, roller doors, office accommodation, fencing and landscaping
- Leased to a family owned Australian business established over 50 years ago
- Lessee has just spent over $250,000 on their fit out
- Strong income of $237,900 pa Net + GST (Tenant pays 100% of outgoings)
- 5 Year lease commenced Oct 2020 + 2 x 5 year options
- Annual rent reviews of 3.5% pa
- Located within Penriths established industrial estate, which is poised to benefit from future infrastructure upgrades
- Located 5.3km* from the M4 Motorway and 22km* from Western Sydney Airport
This is an extremely rare opportunity to secure a quality building with a brand new 5 year lease to an established business. For further details, please contact the exclusive agents at CBRE or PRD.
The property will be sold by way of Public Auction on Wednesday 2nd December, 2020 at 10.30am.
Property History for 63 Leland St, Penrith, NSW 2750
- 02 Dec 2020Sold for $4,750,000
- 26 Oct 2020Listed for Sale Contact Agent
Recent sales nearby
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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 12,915 properties. Over the last 5 years, Houses in Penrith have seen a 63.14% increase in median value, while Units have seen a 36.03% increase. As at 31 January 2026:
- The median value for Houses in Penrith is $1,138,293 while the median value for Units is $618,747.
- Houses have a median rent of $580 while Units have a median rent of $580.
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