Lot 1 & 44/921 Penrose Road, Penrose NSW 2579

Centrally located in the charming village of Penrose is this large level parcel of land offered to the market for the first time in many years and open to various purchase options. The land is currently subdivided into two parcels, one being 5 acres and the other larger lot sitting at 23 acres.
The 5 acre parcel comes with street frontage, a rather run down clad home and various outbuildings in various stages of repair. The land is level and heavily treed but able to be cleared with minimal fuss. Zoned E3 this parcel is asking $395,000. The 23 acre parcel also offers street frontage and is zoned both E3 and R2 low density with subdivision a real possibility. Again a level block, whilst heavily treed there are some lovely sun filled open areas of land with some good stands of trees. Various outbuildings are dotted over this property also. This larger parcel is asking $495,000.
The third option in this sale is to buy the property as a whole, vendor will negotiate on this.
Walk to the newly purchased coffee shop, train station and Primary school, with many improvements happening in the village this location will be highly sought after.
Great bike riding, walking trails located in Penrose State Forest and village on the cusp of great things.