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- 532sqm* site zoned MU1 — Mixed Use at the eastern gateway to the Penrith CBD.
- Surrounded by major national tenants including 7-Eleven, McDonald’s, and ALDI, with strong foot and vehicle traffic.
- Sold at approximately 4.63% passing yield, reflecting strong investor demand and income credentials.
- High-growth location underpinned by Western Sydney International Airport and Penrith Stadium upgrades.
- Sold in conjunction with Colliers, demonstrating the depth of market interest for this asset type.
Bradfield International Real Estate, in conjunction with Colliers, is pleased to have facilitated the sale of 29 Henry Street, Penrith — a 532sqm* Mixed Use landholding at the eastern gateway to the Penrith CBD.
The property is situated at the entry point to Penrith's commercial core, surrounded by major national tenants including 7-Eleven, McDonald's, and ALDI, and within moments of Westfield Penrith and the city centre. The location benefits from high vehicular traffic and exceptional commercial exposure.
Zoned MU1 — Mixed Use, the site supports a wide range of future development outcomes subject to council approval. The property was sold at approximately a 4.63% passing yield at date of sale, reflecting strong investor demand underpinned by the area's significant growth drivers including Western Sydney International Airport and planned Penrith Stadium upgrades.
This successful outcome demonstrates the depth of demand for entry-level commercial investments in high-growth Western Sydney corridors, where infrastructure investment continues to support premium pricing outcomes.
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