31 Reddan Avenue, Penrith NSW 2750

Located on the fringes of the Penrith CBD is this perfect opportunity for any buyer with aspirations in developing or looking to landbank in a rapidly growing area. Situated on a 728sqm block and zoned R3 the home also benefits from slopping towards the street.

Standout features include:

• The home itself has been well maintained and offers 3 great sized bedrooms, multiple living spaces. Given the neat home, any savvy buyer will be able to capitalise on a generous rental return whilst waiting for approvals
• The substantial block benefits from being zoned R3 (medium density) which allows for developments such as Boarding Houses, Duplex, Medical practice, Childcare centres, and a range of other options. The amount of these developments that have been built in this pocket alone is evidence that you're investing in the right location
• The property also features high ceilings throughout and plenty of natural light

The true value of this home is in the location, being only 300m from Nepean Hospital and surrounding medical facilities, 300m from Penrith Selective High School, 1.4km from Centro Nepean shopping centre and only 1.5km from Penrith Westfields and train station. Not to mention being around the corner from a medical centre, a range of local shops including various eateries and a convenience store.

Sitting on the fringes of the Penrith CBD as well as the Kingswood Health precinct, the location will forever benefit from the future growth of Penrith and the surrounding infrastructure for years to come.

Disclaimer: We have been furnished with the above information however, PRD Penrith gives no guarantees, undertakings or warnings 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.