160, 162 and 172 Lord Sheffield Circuit, Penrith, NSW 2750

Development/Land

For Sale Contact Agent

  • Property ID: 392676
  • Floor Area: 8280m²
  • Land Area: 8300m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
Penrith Town Centre Mixed Use Development Site

On behalf of Landcom, Colliers is seeking Expressions of Interest (EOI) from experienced and capable developers to acquire three mixed use lots located at 160, 162 and 172 Lord Sheffield Circuit, Penrith. The site is located within the State Significant Development area also known as Thornton. It is the preference of Landcom to have all the lots sold in one-line and developed in a timely manner.
The total land area is approximately 8,280m²* and located adjacent to the northern entry plaza to Penrith Railway Station. The site is zoned B2 Local Centre under Penrith Local Environmental Plan 2010 with a maximum height limit of 32 metres.
This is a rare opportunity for developer to;
- Acquire and develop within the Thornton precinct on the doorstep of Penrith Railway Station;
- Leverage off the many public open spaces and amenities which have been delivered within the Thornton precinct, such as Ron Mulock Oval, The Commons, a community facility, playgrounds and parks with barbeques, boardwalks and shade structures.
- Approach Penrith City Council to seek a higher dwelling yield by updating the current development control plan for (subject to planning approval.
EOI submissions must be received by 3pm (AEST) on Wednesday 14 July 2021 and must be lodged at www.tenders.landcom.com.au and to Colliers International as specified in the EOI document..
*Approximately.

Penrith Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2955 $161 5.45%
Offices $3429 $299 8.73%
Retail $3241 $259 8.01%
This is the average advertised price, rent and yield for Penrith, NSW 2750*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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