As financially realisable development prospects become more and more difficult to source in Sydney’s burgeoning CBD, astute developers continue to look to areas such as Penrith to find suitable projects that fulfil their investment criteria.
50-52 Lethbridge Street is one such opportunity sure to spark the interest and intrigue of developers across the East Coast, offering existing development approval for fifty-seven (57) apartments all within an R4 zoned precinct.
Exclusively presented and offered by Knight Frank Sydney, the site is distributed across 2,300sqm and comprises thirteen (13) one bedroom, forty (40) two bedroom and four (4) three bedroom units across two buildings designed specifically to maximise outdoor space, vistas and natural light.
Close proximity to the rail stations, Nepean Hospital, Westfield and the Penrith City Centre all add up to present a uniquely accessible location that is set to become the future medium and high density hub of Penrith.
Offered for sale via an Expressions of Interest campaign closing 4pm March 15, 2017, further information is available via this link.
