For Sale

85-87 Lethbridge St, Penrith, NSW 2750-Image

85-87 Lethbridge St, Penrith, NSW 2750

Auction

House

Type

Bedrooms

Bathrooms

Parkings

1,176 m²

Area

Last updated on Wednesday, May 06, 2026 ( See property details for 85-87 Lethbridge St, Penrith, NSW 2750)

Auction

Darren Latty - Real Estate Agent - PRD - PENRITH

Darren Latty Principal

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AI Property Insight

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

A versatile development site in Penrith with approved uses including apartments, duplexes, and medical facilities, offering significant potential for growth and investment.

🏡 Property Highlights

Potential for redevelopment with multiple permitted uses including apartments and duplexes
Significant land size of approximately 1,176m² across two adjoining lots
Zoned R4 High Density Residential with an 18m height limit
Prime location within 800m of Penrith station and town centre
Opportunity to develop in a growing medical corridor with recent DA approvals
Offers a blank canvas following a fire-damaged existing structure, ready for new development

✨ Key Features

Open-Plan Living
Waterfront / Views
Balcony
Outdoor Area
Built-in Robes
Garage
Air Conditioning
Ensuite
Security Screens / Gates
Fly Screens

Suburb and Property Insights of Penrith, NSW 2750

Penrith is a vibrant and growing suburb renowned for its excellent transport links, expanding medical and commercial precincts, and diverse housing options. The area offers a strong community atmosphere, proximity to Penrith Station and the CBD, and access to parks and recreational facilities. Its strategic location supports a range of development opportunities, making it an attractive choice for investors and developers seeking long-term growth. The ongoing Nepean Hospital expansion and local infrastructure projects further enhance its appeal as a prime development hub.

Frequently Asked Questions

What are the potential development options for this site?

The site permits a range of developments including residential flat buildings, duplexes, terraces, manor houses, boarding houses, co-living housing, and medical/health services facilities, subject to consent.

Is the property suitable for investment or redevelopment?

Yes, the property offers significant redevelopment potential with approved uses and a large landholding in a strategic location close to transport, medical facilities, and the Penrith CBD.

What is the current condition of the existing structure?

The existing two-storey dwelling has been significantly damaged by fire and is being offered strictly as is.

Are there any height or frontage restrictions?

The site has an 18m height limit and a minimum frontage of 24m, which are suitable for high-density development.

What are the benefits of the location?

The property is within 800m of Penrith station and town centre, in a growing medical corridor, and close to major infrastructure projects like the Nepean Hospital Stage 2 redevelopment.

What to ask about this property to agent?

Are there any existing easements, covenants, or zoning restrictions that could impact development plans? Has a recent structural assessment been conducted on the property, especially considering the fire damage? Are there any planned or upcoming construction projects nearby that could affect the property’s value or development potential? What are the costs associated with demolishing the existing structure and preparing the site for development? Are there any environmental or bushfire risks associated with the land or surrounding area? Is the property compliant with all local council and planning regulations for the intended development? Are there any strata or community title considerations, or is the land freehold? What are the potential costs for obtaining development approvals and permits? Are there any existing service connections or infrastructure limitations on the site? Has a flood risk assessment been conducted for the property?

85-87 Lethbridge St, Penrith, NSW 2750 - More Details

Auction

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 2
Area: 1,176 m²

85-87 Lethbridge St, Penrith, NSW 2750 - Point Of Interest

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Your Commute at a Glance: 85-87 Lethbridge St, Penrith, NSW 2750

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Darren Latty

85-87 Lethbridge St, Penrith, NSW 2750

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