147 DERBY STREET, Penrith, NSW 2750

Price Guide $1,200,000 to $1,300,000

House
Type
2
Bedrooms
1
Bathrooms
2
Parkings
682.6 m²
Area

Last updated on Thursday, May 21, 2026 ( See property details for 147 DERBY STREET, Penrith, NSW 2750)

Price Guide $1,200,000 to $1,300,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Prime development opportunity in Penrith CBD with potential for high-density residential or commercial projects on a substantial R4 zoned site.

🏡 Property Highlights

  • Prime R4 zoned development site in Penrith CBD growth corridor
  • Potential to purchase one or both adjoining sites for strategic landholding
  • Excellent location approximately 500m from Nepean Hospital
  • Surrounded by established medical and commercial businesses
  • Opportunity for high-density residential, medical, childcare, or boarding house developments (STCA)
  • Significant government and private investment ongoing in the area

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Balcony
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Air Conditioning
  • Ensuite
  • Security Screens / Gates
  • Fly Screens
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147 DERBY STREET
Penrith, NSW 2750
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Vertical aerial view — 147 DERBY STREET
147 DERBY STREET — Vertical Aerial  •  Penrith, NSW 2750  •  Nearmap © 2026

Penrith is a vibrant and rapidly growing suburb with a strong focus on redevelopment and urban renewal. The area boasts excellent connectivity, proximity to essential services like Nepean Hospital, and a diverse mix of medical, commercial, and residential developments. Ongoing government and private investments continue to enhance its appeal, making it an ideal location for future growth. The suburb offers a dynamic lifestyle with access to amenities, transport, and a thriving business community.

What types of developments are permitted on this R4 zoned site?
The site is suitable for a range of developments including apartments, medical facilities, childcare centres, and boarding houses, subject to council approval (STCA).
Is the existing dwelling habitable?
The existing dwelling is not considered habitable and is being offered primarily as a development opportunity.
What is the potential for future growth in this area?
The area is experiencing significant government and private investment, with ongoing redevelopment projects and high demand for high-density living, indicating strong future growth potential.
Are there any restrictions or covenants on the property?
Potential buyers should conduct their own due diligence regarding any restrictions, covenants, or zoning regulations that may apply.
What is the process for obtaining development approval?
Development approval must be obtained from the local council, and applicants should consult with planning professionals to understand the requirements and process.
Are there any existing easements, covenants, or zoning restrictions that could impact future development plans? Has a recent land survey been conducted to confirm boundaries and site dimensions? Are there any known environmental issues or contamination on the site? What are the council’s current planning policies and future development plans for the area? Are there any nearby construction or planning activities that could affect the property’s value or development potential? What are the costs associated with connecting utilities and infrastructure for development? Is there any history of flooding or bushfire risk in this area? Are there any strata or body corporate considerations if developing multiple units? What are the zoning regulations and height restrictions for this site? Are there any planned upgrades or changes to local infrastructure that could influence the property’s value?

147 DERBY STREET, Penrith, NSW 2750 - More Details

Price Guide $1,200,000 to $1,300,000

Type
House
Bedrooms
2
Bathrooms
1
Parkings
2
Area
682.6 m²

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