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513-519 High St 1,001 SF of Retail Space Available in Penrith, NSW 2750
Highlights
- Located steps away from Westfield Penrith, train station, and major transport links
- Surrounded by established businesses, fostering strong customer synergy
- Adjacent to the new City Park activation area, enhancing community engagement and pedestrian traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 3a | 1,001 SF | Negotiable | $35.98 /SF/YR $3.00 /SF/MO $36,022 /YR $3,002 /MO | TBD |
Ground, Ste 3a
Position your business in a highly connected retail hub in the heart of Penrith CBD. This 93 sqm ground-floor tenancy occupies a premium position fronting Station Street, adjacent to the new City Park. With continuous pedestrian activity and visibility from one of the CBD’s busiest intersections, this location offers unmatched exposure. The shop features a large glass frontage with a dedicated light box, enhancing branding opportunities. The interior is currently partitioned, providing immediate usability, but can be easily reconfigured for a wide range of retail or service businesses. Additional amenities include a kitchenette and private restroom for operational convenience. Located within walking distance to Westfield Penrith, Penrith Train Station, and the major bus interchange, this site provides seamless connectivity for customers and staff. Surrounding tenants include established retailers and service providers, creating strong foot traffic and co-tenancy benefits. This is an exceptional opportunity to establish your business in one of Western Sydney’s most active and evolving commercial precincts.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Prominent ground-floor retail space
- Expansive glass frontage
- Flexible internal layout
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 | 1,001 SF | Property Subtype | Storefront Retail/Office |
| Property Type | Retail | Gross Leasable Area | 21,205 SF |
| Total Space Available | 1,001 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 21,205 SF |
About the Property
513-519 High street is a two-level commercial property located in Penrith's CBD. The property consists of multiple retail and office tenancies as and is positioned at a major intersection and adjacent to a newly developed City Park.
Nearby Major Retailers
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513-519 High St
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