2/115 Derby Street, Penrith, NSW 2750

$725,000

Apartment
Type
2
Bedrooms
2
Bathrooms
1
Parkings
84 m²
Area

Last updated on Friday, June 19, 2026 ( See property details for 2/115 Derby Street, Penrith, NSW 2750)

$725,000

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A stylish, brand new 2-bedroom apartment in Penrith offering modern living, excellent amenities, and strong investment potential.

🏡 Property Highlights

  • Brand new boutique development with modern design and timeless architecture
  • Excellent investment opportunity with high rental yields of up to $700 per week
  • Prime location within walking distance to schools, shops, and transport links
  • Government incentives including grants, stamp duty exemptions, and shared equity schemes
  • Abundance of natural light with floor-to-ceiling windows and a 6-storey atrium
  • Low-maintenance materials ideal for busy professionals and young families

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Penrith is a vibrant suburb offering a blend of urban convenience and natural beauty. It boasts excellent transport links, including upcoming infrastructure like the second airport and St Marys metro. The area features top educational institutions, shopping centres, and recreational parks, making it ideal for families and professionals seeking a dynamic lifestyle. With ongoing growth and development, Penrith presents a promising opportunity for both living and investing.

What are the key features of this apartment?
This apartment features a stylish kitchen with stone benchtops, a dishwasher, ducted air conditioning, floor-to-ceiling windows, an ensuite, built-in robes, and a low-maintenance design suitable for busy professionals and families.
Is the property suitable for first home buyers?
Yes, the property qualifies for various government incentives including grants, stamp duty exemptions, and shared equity schemes, making it an excellent choice for first home buyers.
What is the rental potential of this apartment?
The apartment has an excellent rental return potential, with estimated weekly rents of $600 for 1-bedroom units and $700 for 2-bedroom units.
What amenities are nearby?
The property is within walking distance to schools, shops, cafes, transport options including Penrith train station, and recreational facilities like Jamison Park and Western Sydney University.
What are the building features?
The development includes a 6-storey atrium that allows natural light into every level, basement parking with 9 visitor spaces, and low-maintenance materials for durability and ease of living.
Are there any upcoming or planned developments nearby that could affect the view or noise levels? What are the total strata levies and what do they cover? Are there any restrictions or easements on the property? Has the property been built in compliance with all local building codes and regulations? Are there any known issues with the building structure or systems? What are the long-term plans for the surrounding area that could impact property value? Is there any history of flooding or bushfire risk in this location? Are there any additional costs or fees not included in the strata levies? What is the zoning classification and are there any restrictions on future modifications? Are there any planned infrastructure projects that could impact the property or neighbourhood?

2/115 Derby Street, Penrith, NSW 2750 - More Details

$725,000

Discover Maiden Place, a unique opportunity to secure a brand new apartment in the heart of Penrith. A boutique development of 62 1,2 and 3 bed apartments, with a range of floorplans facing north and south, with timeless architecture at exceptional value, ready to move in Q1 2026 (by March 2026).

- Stylish kitchen with stone benchtop and waterfall edge, marble-look splash back, premium stainless steel Haier dishwasher, cooktop and oven
- Porcelain timber-look tiles to entry and kitchen, study nook, linen cupboard and pantry
- Ducted air con throughout, floor to ceiling windows enhances natural light
- Feature tiling to the bathrooms with vanity cupboard and framed shower recess
- 6 storey Atrium that embraces an abundance of natural light on every level
- Low maintenance materials and very functional features for young families and busy professionals
- Carpeted living and bedrooms with mirrored robes, master with ensuite
- Classic brick façade to stand the test of time, built and developed by Cadence
- Excellent rental return at $600 per week for 1 beds and $700 per week for 2 beds, with very affordable strata levies at approx. $700 per quarter.
- 9 visitor car spaces to basement

Maiden Place is perfect for first home buyers to take advantage of the following government incentives:
- $10,000 grant for properties under $600,000
- First Home Guarantee/5% Deposit Scheme
- Help to Buy/Shared Equity Scheme (the Government provides up to 40% equity contribution for new builds, only requiring a 2% deposit)
- Stamp Duty Exemption up to $800,000

With no neighboring developments, every apartment enjoys leafy outlooks and a peaceful streetscape, perfectly positioned within walking distance or a short drive from schools, shops, cafes and transport. 550m to Penrith Public School and Selective High School, 800m to Nepean Hospital, 1.3km to St Dominic's College, 1.4km to TAFE Penrith, 1.5km to Nepean Village with 24 hour Kmart, 1.9km to Penrith train station and Westfield, 2.1km to Jamison Park, 2.4km to Western Sydney University.

With the 2nd airport coming by 2026 (22km away), St Marys metro by 2026 (7.6km away), population and jobs growth, a new generation is discovering the magic of Penrith with its world-class shopping amenities and express train from Penrith to Central in 4 stops (48 mins).

Outgoings:
Water Rates: $170 p/q approx.
Council Rates: $483 p/q approx.
Strata Levies: $700 p/q approx.
Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1
Area
84 m²
House Size
84 m²

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