657 King Georges Rd, Penshurst is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 753m2 and floor size of 120m2.This Property is currently listed for sale with REALTY WAY
Positioned in one of Penshursts most tightly held pockets, this original full brick residence presents an exceptional opportunity for developers, investors, and forward-thinking buyers to capitalise on its significant landholding and future upside.
Set on an expansive 755sqm (approx.) parcel with an impressive 17m frontage, the property is ideally located within the Low to Mid Rise Housing (LMR) precinct, offering strong potential for redevelopment (STCA) under the evolving planning framework.
Key Features:
- Highly Desired corner position
- Solid full brick construction tightly held and built to last
- 3 well-proportioned bedrooms
- Original condition ideal for renovation, rebuild or redevelopment
- Generous 755sqm land size (approx.)
- Wide 17m frontage (approx.) ideal site configuration
- Located within the LMR housing pocket future development upside (STCA)
- Positioned close to shops, schools, parks, and transport
The property also has the benefit of a previous approval for a communications / amateur radio antenna installation with an approved height limit of up to 12 metres. Interested parties should make their own enquiries with the relevant authorities regarding the status and ongoing applicability of the approval.
Whether you're looking to renovate and hold, build your dream home, or unlock the sites development potential, this is a rare offering in a high-demand location.
A true land banking opportunity with multiple pathways to add value.
Inspections as advertised or by appointment. Contact Wayne Singh for more information.
Disclaimer: Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, Realty Way and/or its associated entities does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. Realty Way and/or its associated entities accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.
The size of Penshurst is approximately 2.5 square kilometres. There are 13 parks, covering nearly 9.3% of the total area. The population of Penshurst in 2016 was 12786 people. By 2021 the population was 12592 showing a population decline of 1.5% in the area during that time. The predominant age group in Penshurst is 20-29 years. Households in Penshurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penshurst work in a professional occupation.In 2021, 60.60% of the homes in Penshurst were owner-occupied compared with 60.70% in 2016.
Penshurst has 5,939 properties. Over the last 5 years, Houses in Penshurst have seen a 3.54% increase in median value, while Units have seen a 16.87% increase. As at 31 August 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.