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Penrith, NSW

Penrith, NSW
$13,250,000 purchase price
5.13% net yield
4,199 sqm land area
Retail asset class
Auction method of purchase
5.4% saved
transaction overview

Brand new 10 year lease with 6 x 5 year options to ASX listed tenant.

A retail investment at Penrith on a 4,199sqm site, secured at auction for $13,250,000 on a 5.13% net yield.

The property carries a new ten year lease to an ASX listed tenant with six five year options, and we negotiated 5.4% below expectation despite buying under the hammer.

Nearby amenities

Within 5km
  • Penrith Station
  • HomeCo
  • Nepean Private Hospital
  • Woolworths
Within 10km
  • Glenbrook Station
  • Cranebrook Village
  • Western Sydney University Werrington North
  • Foodworks
Within 25km
  • Valley Heights Station
  • Western Sydney International Airport
  • St Clair Shopping Centre
  • Minchinbury Community Private Hospital

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