75-77 Union RoadPenrith NSW 2750
Property Details for 75-77 Union Rd, Penrith
Last Listing description (October 2021)
PRD Commercial Western Sydney have been appointed exclusive marketing agents to offer for sale 75-77 Union Road, Penrith by way of Public Auction.
An exciting opportunity to acquire a perfectly positioned commercial investment located right on the Cities doorstep.
Made up of 3 individual strata units the opportunity exists to purchase in one line & own the whole site. Modern building with quality tenants of long standing in the Penrith business community.
The property has upside to hold & redevelop or develop the substantial carpark at the rear.
One of the best positioned & most exciting opportunities offered for sale in some time.
This freestanding Commercial building was built in approx. 1999 and provides a strong income with development upside.. Fully occupied by three well known, highly relevant Penrith businesses.
Modern, well designed & maintained building in key future development location. Large on grade parking with potential to add to existing structure to increase building mass.
TOTAL SITE AREA: 1,275sqm (approx)
ZONING: B4 Mixed Use
HEIGHT LIMIT: 20m
COUNCIL: Penrith City Council
TOTAL BUILDING AREA: 786sqm (approx) Comprising of;
Unit 1 - 159 sqm
Unit 2 - 158 sqm
Unit 3 - 393 sqm
Common Area - 76 sqm
Information Memorandum available on request with detailed information relating to Tenancy and Outgoing schedules.
To be Auctioned on Wednesday 20th October 2021 at 11:30am.
Note: Due to NSW Health Orders Auction will be run online utilising Auction Now Platform. The follow, register and bid please contact Darren.
All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.
Property History for 75-77 Union Rd, Penrith, NSW 2750
- 20 Sep 2021Listed for Sale Contact Agent
- 21 Oct 2019Listed for Rent $50,000 / year
- 27 Apr 1991Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 13,011 properties. Over the last 5 years, Houses in Penrith have seen a 48.58% increase in median value, while Units have seen a 32.73% increase. As at 30 April 2026:
- The median value for Houses in Penrith is $1,142,672 while the median value for Units is $643,330.
- Houses have a median rent of $620 while Units have a median rent of $575.
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