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Highlights

  • Positioned within a vibrant district known for retail, corporate offices, and lifestyle amenities.
  • Prominent High Street frontage with views of Penrith Memorial Park.
  • Located in Penrith’s CBD, providing strong connectivity and urban convenience.
  • Short walk to Westfield Penrith, public transport nodes, and local services.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 2
  • 495 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Office
Build-Out
Partial Build-Out
Availability
Now

Located in the bustling Penrith CBD, Suite 2 at 438 High Street provides an efficient and accessible workspace tailored for professional users. The space features a practical layout with a reception area and two private offices, fostering functionality and productivity. Positioned along High Street, this office enjoys prominent exposure and direct views of Penrith Memorial Park. The location ensures connectivity with major services and transport infrastructure, only moments away from Westfield Penrith and the Penrith Train Station and Bus Interchange. For businesses, this means unparalleled ease for both staff and clients. In addition to its central setting, the property benefits from proximity to a diverse mix of commercial amenities, retail, and dining options that reinforce its suitability as an everyday operations hub. This opportunity combines convenience, visibility, and a professional environment for businesses seeking an affordable tenancy in Penrith’s growing commercial precinct.

  • Partially Built-Out as Standard Office
  • Located in Penrith’s CBD
  • Prominent High Street frontage
  • Short walk to Westfield Penrith
Space Size Term Rental Rate Rent Type
1st Floor, Ste 2 495 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor, Ste 2

Size
495 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Office
Build-Out
Partial Build-Out
Availability
Now

Located in the bustling Penrith CBD, Suite 2 at 438 High Street provides an efficient and accessible workspace tailored for professional users. The space features a practical layout with a reception area and two private offices, fostering functionality and productivity. Positioned along High Street, this office enjoys prominent exposure and direct views of Penrith Memorial Park. The location ensures connectivity with major services and transport infrastructure, only moments away from Westfield Penrith and the Penrith Train Station and Bus Interchange. For businesses, this means unparalleled ease for both staff and clients. In addition to its central setting, the property benefits from proximity to a diverse mix of commercial amenities, retail, and dining options that reinforce its suitability as an everyday operations hub. This opportunity combines convenience, visibility, and a professional environment for businesses seeking an affordable tenancy in Penrith’s growing commercial precinct.

  • Partially Built-Out as Standard Office
  • Located in Penrith’s CBD
  • Prominent High Street frontage
  • Short walk to Westfield Penrith

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 495 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 11,840 SF

About the Property

438 High Street is a two-story commercial property located in Penrith's CBD. The property contains both retail and office tenancies and has prominent exposure as it is positioned on a corner and adjacent to Penrith Memorial Park.

Nearby Major Retailers

Starbucks
World Gym
Outback Steakhouse
Five Guys
Crossfit
  • Listing ID: 40312408

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 438 High St, Penrith, NSW 2750

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