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Investment Highlights

  • Approx. 36,588 m² (3.65 ha) landholding delivering exceptional scale and prominence in Penrith CBD.
  • Located only 200 m from Penrith Train Station and 340 m from Westfield Penrith, ensuring unrivalled accessibility.
  • Positioned within a growth corridor benefitting from transformative projects and the Western Sydney Airport.
  • Prime urban location adjacent to Penrith’s core transport and retail amenities.
  • Surrounded by the award-winning Thornton residential precinct and an emerging metropolitan hub.
  • Represents a unique, blue-chip land banking or redevelopment opportunity of generational significance.

Executive Summary

Knight Frank, on behalf of the Australian Government – Defence, proudly presents 10 The Crescent, Penrith, an extraordinary generational landholding opportunity in the heart of Western Sydney’s growth corridor. Comprising approximately 36,588 m², this landmark property is strategically positioned only 200 metres from Penrith Train Station, offering unparalleled connectivity to Sydney’s metropolitan network and beyond.
Zoned SP1 Special Activities – Defence, this expansive and highly flexible site is surrounded by key urban renewal projects, including the award-winning Thornton residential precinct, and sits on the doorstep of major retail hubs and transport infrastructure. With future adaptability (STCA) and the backdrop of substantial infrastructure investment—including the Western Sydney International Airport and surrounding economic growth initiatives—this property presents a rare prospect to secure scale in a tightly held metropolitan market.
Opportunities of this size and location are exceedingly scarce, making 10 The Crescent a standout proposition for institutions, developers, or strategic land investors seeking to capitalize on long-term urban evolution in one of Sydney’s most dynamic regional centers.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 9.04 AC

1 Lot Available

Lot

Lot Size 9.04 AC

Description

The property lies within Penrith’s central activity district, anchored by multi-modal transport connectivity, institutional-grade retail, and recent high-density mixed-use development. Penrith’s role as a strategic hub for Western Sydney industrial, commercial, and residential expansion is reinforced by sustained government investment in infrastructure and transport-driven growth strategies.

  • Listing ID: 40275035

  • Date on Market: 4/24/2026

  • Last Updated:

  • Address: 10 The Crescent, Penrith, NSW 2750

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