The property is located in the north Penrith Industrial Precinct and has frontage to both Andrews Road and Castlereagh Road. The site is less than 5 minutes from the Penrith CBD and railway station and the M4 Motorway is approximately 5km's to the south.
High profile corner site at the gateway of the northern Penrith industrial and commercial centre. Both street frontages have significant exposure. The site is irregular in shape with access from the new subdivision road and cul-de-sac. The site has been cleared and is generally level and serviced. In2 zoning allows bulky goods, warehousing and light industrial.
Site is offered for sale with a deadline for offers of 31 May, 2017. This is the last lot available for sale in the estate and has prominent exposure for businesses that require high visibility. Full information memorandum is available upon request.
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 13,048 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:
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