94-98 Nepean AvenuePenrith NSW 2750
Property Details for 94-98 Nepean Ave, Penrith
Last Listing description (December 2020)
The term "once in a lifetime opportunity" is often used very loosely in Real Estate advertising. This time however it could not be more true.
There are only 4 of these large acreage holdings in the street & they only come up for sale once in a generation.
Currently the property features a modest 2 bedroom cottage that has been in the family for over 50 years. You can guarantee in 50 more years the property will accommodate a much different investment.
You can walk to East Bank for dinner, Emu Hall for cocktails, Panthers for live entertainment or simply enjoy the peace & serenity of the Nepean River & it's surrounds. If ever there was a lot worthy of your dream home this is the one. The frontage is over 50m wide & would accommodate every conceivable housing design. The term they don't make more land was coined for this property. You would be surrounded by some of the regions most impressive executive residences with a future value that has no cap when it comes to future value. You've had the dream now it is time to make it your reality.
Inspections strictly by appointment. Contact Darren Latty 0414 620532 or email darren@prd.net.au
Property History for 94-98 Nepean Ave, Penrith, NSW 2750
- 02 Oct 2020Sold for $2,200,000
- 19 Jun 2020Listed for Sale $2,750,000 - $2,950,000
- 04 Jun 2001Sold
Recent sales nearby
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0About 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 13,042 properties. Over the last 5 years, Houses in Penrith have seen a 39.58% increase in median value, while Units have seen a 35.64% increase. As at 30 June 2026:
- The median value for Houses in Penrith is $1,111,412 while the median value for Units is $650,887.
- Houses have a median rent of $625 while Units have a median rent of $575.
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