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371-375 High St 10,226 SF 100% Leased Retail Building Penrith, NSW 2750 For Sale
Investment Highlights
- 1,233 m² consolidated site with 23 m frontage on High Street.
- Current improvements include 4 retail tenancies, first-floor commercial space, and rear storage areas.
- Positioned in a high-growth Western Sydney market supported by infrastructure investment.
- Prime CBD location within 5 minutes’ walk to Penrith Train Station.
- Holding income in place during planning and development phases.
Executive Summary
This consolidated 1,233 m² site presents a rare and strategic development opportunity in the heart of Penrith CBD, one of Western Sydney’s fastest-growing markets. Zoned MU1 Mixed Use, the property offers exceptional flexibility for a range of profitable development schemes (STCA), including mixed-use residential, commercial, or retail projects.
The site features a substantial 23-meter frontage along High Street, providing excellent exposure and accessibility. Current improvements include four ground-floor retail tenancies, first-floor commercial space, and rear storage areas, generating holding income while planning for future redevelopment.
Located just a five-minute walk from Penrith Train Station and close to Westfield Penrith, cafés, restaurants, and major transport links, this property offers unmatched convenience and connectivity. With strong population growth and significant infrastructure investment in the region, this is an outstanding opportunity for developers and investors seeking a high-performing location with long-term upside.
The site features a substantial 23-meter frontage along High Street, providing excellent exposure and accessibility. Current improvements include four ground-floor retail tenancies, first-floor commercial space, and rear storage areas, generating holding income while planning for future redevelopment.
Located just a five-minute walk from Penrith Train Station and close to Westfield Penrith, cafés, restaurants, and major transport links, this property offers unmatched convenience and connectivity. With strong population growth and significant infrastructure investment in the region, this is an outstanding opportunity for developers and investors seeking a high-performing location with long-term upside.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,226 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.79
Lot Size
0.30 AC
Frontage
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
- Air Conditioning
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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371-375 High St
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