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Agent Details

Paul Wallace
Sharon McMaster

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DA APPROVAL FOR 5 TOWNHOUSES

Sold for $1,675,000

33 & 35 Brown Street, Penrith

5
2
6

Profile

Two titles to be sold in one line or separately and resting on a combined land size of approx. 1176 sqm an opportunity exists to capitalise on this rare investment/development opportunity. Positioned perfectly in the heart of the CBD these properties are walking distance to shopping centres, clubs, Penrith train station and easy access to the M4 Motorway. With the opportunity to receive passive income instantly from both of the existing homes or move ahead with the DA and build 5 townhouses, the possibilities are endless. Don't miss this one!

* Total land size approx. 1176sqm
* Zoned R3 with DA approval for 5 townhouses
* Receive passive income of approx. $300 & $365pw from existing properties
* Walking distance to CBD, shops, clubs, school, public transport and easy access to M4 Motorway






Disclaimer: We have been furnished with the above information, however, Property Central gives no guarantees or undertakings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Features

5
Bedrooms
2
Bathrooms
6
Garage
1176 sqm approx.
Land Size

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