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156-158 Henry St 9,860 SF 100% Leased Retail Building Penrith, NSW 2750 For Sale
Investment Highlights
- Large dual street frontage providing maximum exposure and ease of access.
- Positioned near Westfield Penrith and transport interchange for strong connectivity.
- Located within Penrith’s central retail district with high pedestrian traffic.
Executive Summary
This rare, blue-chip retail investment occupies a commanding position in Penrith CBD, delivering both security and scalability for investors seeking a long-term trophy asset. Situated on a 904.5 m² landholding with a substantial 916.3 m² building, the property is anchored by nationally recognized tenants including St George Bank/Westpac and York Jewellers’ brand-new flagship store. These high-caliber occupiers provide stability through long-term leases, supported by fixed annual rental escalations and a strong WALE profile.
The asset’s dual street frontage along Henry Street and Riley Street maximizes visibility and offers excellent signage opportunities. Located moments from Westfield Penrith and the Train and Bus Interchange, the property benefits from heavy pedestrian flow and unrivaled access to essential amenities and public transport. Zoned E2 Commercial Centre, it supports diverse commercial usage while capitalizing on Penrith's continued growth as a key Western Sydney hub. With net annual income of $448,072.98, fixed 3% rent increases, and prime exposure within an established retail corridor, this property offers a secure, long-term investment underpinned by covenant strength and significant capital growth potential.
The asset’s dual street frontage along Henry Street and Riley Street maximizes visibility and offers excellent signage opportunities. Located moments from Westfield Penrith and the Train and Bus Interchange, the property benefits from heavy pedestrian flow and unrivaled access to essential amenities and public transport. Zoned E2 Commercial Centre, it supports diverse commercial usage while capitalizing on Penrith's continued growth as a key Western Sydney hub. With net annual income of $448,072.98, fixed 3% rent increases, and prime exposure within an established retail corridor, this property offers a secure, long-term investment underpinned by covenant strength and significant capital growth potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,860 SF
Building Class
C
Year Built
1980
NOI
$324,270
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Parking
3 Spaces (0.31 Spaces per 1,000 SF Leased)
Frontage
219’ on Riley Street
Amenities
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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Nearby Major Retailers
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Photos
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Map
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156-158 Henry St
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