83 Nepean Ave, Penrith is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 3465m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Exclusive Deep Water Front Property in Penrith!
Auction on Site at 11am Sunday 24th November
Nestled on the banks of the beautiful Nepean River, in the area's most desired residential address - the prestigious Nepean Avenue. This remarkable property is being offered for sale the first time since 1963. What's being offered is the opportunity to build your private family estate for generations to come. This is an unparalleled lifestyle that blends tranquillity of an acreage style setting within only a few minutes walk of Penrith's bustling CBD.
Key Features:
1. River Access: The rarity of this property is the level easy access to the river itself. The land around the existing home is near level with a gently sloping river bank leading to the waters edge.
2. Prime Location: Enjoy the best of both worlds with the vibrant Penrith business district just moments away, while savouring the serenity of your private oasis on the banks of the Nepean River.
3. Endless Lifestyle Options: Explore the picturesque river walk, indulge in delicious meals at local favourites like the Log Cabin and Emu Hall, or enjoy the lively East Bank dining precinct-all within easy walking distance!
4. Outdoor Adventure: Fish, kayak, or take your boat out from your very own river frontage. This property is a gateway to a life filled with water activities.
5. Spacious Lot: Sitting on one of the largest lots in the area, this property presents a unique opportunity to create a landmark private estate, complete with sweeping grounds leading to the river.
6. Versatile Accommodations: The existing home offers significant living options, featuring a large family residence and a 2-bedroom second dwelling under the same roof-perfect for extended family or guests.
Executive Summary:
Land Area as shown in the deposited plan - 3,465.6m2
Land Area to the exiting riverline - 2,300m2
Land area to the traverse line - 1,590m2
Street frontage 21.575m
River frontage measured at the traverse line 31.65m
First Time Offered Since 1963! Don't miss this rare chance to secure a significant deep waterfront property that promises both lifestyle and investment potential. The real value lies in the land and the opportunity to build your dream mansion in this coveted location.
Contact us today to schedule a viewing and start envisioning your future on Nepean Avenue!
Your riverfront paradise awaits!
Disclaimer: We have been furnished with the above information however, PRD Penrith, PRD Blue Mountains & PRD Glenmore Park gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
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 13,011 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:
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