Mortgagee sale with two titles
AUCTION: 29th January 2014 at 7PM
AUCTION VENUE: NOVOTEL HOTEL PARRAMATTA
No 39-45 and No 47-49 can be purchased separately
No 39-45 DA Approved
8 Storey Mixed Use Development Comprising 80 Residential Units with Commercial on Ground Floor and 2 Level Underground Parking.
Total Land Area according the Deposited Plan is 3,281 m2 approx.
The property is located on the northern side of Henry Street near the intersection, Evan Street. No 39-45 has frontage of approximately 63 metre to Henry Street. The subject property is located with the Penrith City Centre business area.
Please note purchasers will have to make their own enquiry to council regarding the DA
No 47-49 Not DA approved
Total Land Area according the Deposited Plan is 3,075 m2 approx.
The property is located on the northern side of Henry Street near the intersection, Evan Street. No 47-49 has frontage of approximately 45 metre to Henry Street. The subject property is located with the Penrith City Centre business area.
The surrounding development comprises a mixture of commercial and residential uses. The property is in close proximity to McDonalds, Officeworks, Aldi and Australia Post Business Centre. Westfield Plaza is approximately 800 metres to the west.
Penrith High School and Public School is located within 400 metres.
Both properties are zoned B4 - Mixed Use.
The Building Height Limit in zone B4-Mixed Use is 24 metres and the applicable Floor Space Ratio is 3.5:1.
Please note purchasers will have to make their own enquiry to council.
