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Investment Highlights

  • 100 percent occupied freehold arcade with retail and commercial uses
  • Future upside via strata conversion or redevelopment potential, subject to approval
  • Prominent CBD position with dual street frontage and strong pedestrian flow

Executive Summary

Macquarie Commercial has been exclusively appointed to offer for sale the NK Centre, a premium freehold arcade positioned within one of Western Sydney’s most tightly held commercial precincts. The property occupies a substantial site area of approximately 1,011 sqm and provides a total gross floor area of approximately 1,504 sqm across two levels with lift access. The asset is fully leased and comprises a diverse mix of retail and commercial uses, anchored by a high-exposure pedestrian arcade that benefits from consistent foot traffic. Dual street frontage enhances accessibility and prominence, while the configuration of the building presents potential for future strata conversion or redevelopment, subject to council approval. This offering represents a rare opportunity to secure a 100 percent occupied freehold investment in Penrith, located within a rapidly expanding Western Sydney growth corridor.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,189 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.49
Lot Size
0.25 AC

Amenities

  • Signage

Nearby Major Retailers

Starbucks
World Gym
Outback Steakhouse
Five Guys
Crossfit
  • Listing ID: 39963985

  • Date on Market: 3/30/2026

  • Last Updated:

  • Address: 448 High St, Penrith, NSW 2750

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