SOLD BY PETER DIAMANTIDIS! RAY WHITE UNITED GROUP!

+++ SOLD BY PETER DIAMANTIDIS! RAY WHITE UNITED GROUP! +++

We are pleased to present 25 Castlereagh Street, Penrith brought to you by the award winning Peter Diamantidis.

A rare and exciting opportunity to secure a full block of 8 x 2-bedroom units in one of Western Sydney's fastest-growing hubs! Located just moments from the vibrant Penrith CBD, this 1154sqm site presents strong existing returns and exceptional future potential with further uplift!

Each unit is well-maintained and currently returning $470 per week, offering a stable and consistent income stream. The property is ideal for investors seeking immediate returns with the potential to capitalise on future redevelopment (STCA) under the high-density zoning.

FEATURES WE LIKE ABOUT THIS PROPERTY:
- Combined rental return of $3,760 per week
- 8 x 2-bedroom units (To be sold all together)
- Zoned R4 - High Density Residential
- 1,154sqm of land

Location Highlights:
- Just minutes to Westfield Penrith and Penrith Train Station
- Close to Nepean Hospital, local schools, cafes and restaurants
- Easy access to M4 Motorway and Western Sydney University
- Thriving local infrastructure and development growth

Whether you're looking to landbank, add to your portfolio, or explore redevelopment options in a premium location, 25 Castlereagh Street is a standout opportunity.

For further information, please contact Peter Diamantidis 0404 051 702.

Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.

Explore the area

School catchments

St Nicholas of Myra Primary School Primary K-6 Catholic 0.33km
Penrith Public School Primary K-6 Government 0.75km
Penrith High School Secondary 7-12 Government 0.83km
Penrith South Public School Primary K-6 Government 0.85km
St Dominic's College Secondary 7-12 Independent 1.8km
Kingswood South Public School Primary P-6 Government 1.9km
Jamison High School Secondary 7-12 Government 2.1km
Kingswood Park Public School Primary P-6 Government 2.2km
St Joseph's Primary School Primary K-6 Catholic 2.2km
Jamisontown Public School Primary K-6 Government 2.2km
York Public School Primary K-6 Government 2.3km
CathWest Innovation College McCarthy Campus Secondary Catholic 2.3km
Kingswood High School Secondary 7-12 Government 2.4km
Penola Catholic College Emu Plains Secondary 7-12 Catholic 2.4km
Montgrove College Combined K-12 Independent 2.6km
St Mary MacKillop Primary School Primary K-6 Catholic 2.6km
Nepean Creative and Performing Arts High School Secondary 7-12 Government 2.8km
Cambridge Park Public School Primary P-6 Government 2.9km
Kingswood Public School Primary K-6 Government 2.9km
Cambridge Gardens Public School Primary K-6 Government 3.2km
Penrith Christian School Combined K-12 Independent 3.3km
Glenmore Park Public School Primary K-6 Government 3.3km
Cambridge Park High School Secondary 7-12 Government 3.3km
Penrith Lakes Environmental Education Centre Combined Government 3.5km
Caroline Chisholm College Secondary 7-12 Catholic 3.9km
Cranebrook High School Secondary 7-12 Government 4.1km
Penrith Anglican College Combined K-12 Independent 4.4km
Glenmore Park High School Secondary 7-12 Government 4.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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