437 High Street, Penrith, NSW 2750

PRD Commercial Western Sydney proudly presents to market a highly exposed and in demand commercial investment, strategically positioned within the very heart of the Penrith CBD. 

This commanding two-level building, gracing the vibrant High Street retail strip with dual access to Allen Place, offers discerning investors the rare and compelling opportunity to acquire a fully leased, income-generating asset amidst one of Western Sydney's most dynamic and rapidly expanding growth corridors.

Penrith represents one of the most tightly held metropolitan markets in Greater Sydney, underpinned by unparalleled levels of government and private sector investment.  
With the Western Sydney International Airport on track for its landmark opening in 2026, the Penrith CBD is now unequivocally on the radar of sophisticated institutional and high-net-worth private investors, recognizing its fortuitous timing and enduring value.

Key Features:
•	Fully leased to two secure tenants
•	365sqm site with approx. 660sqm lettable area (330sqm per level)
•	Dual access via High Street & Allen Place car park
•	Prominent double frontage + high exposure location
•	Adjacent to newly refurbished Memorial Park
•	Zoned MU1Mixed Use with versatile usage potential. 
•	Height Limit 20m
•	FSR 3:1
•	Ducted air conditioning throughout

Investment Profile:

Dual Income Streams - Fully Leased
• Primary Tenancy: $146,545 p.a. + GST (restaurant & bar - premium fit-out, lease to 2029)
• Secondary Tenancy: $59,559 p.a. + GST (specialist retail, new 5 + 5-year lease.)
• Gross Annual Income: $206,104 p.a. + GST
Landlord Outgoings: $24,996 p.a. (insurance $17,736 | council $6,510 | water $750)
• Land Value Assessment: $1,340,000 (2025) | 3-year average $1,273,333
• Net Operating Income: $181,108 p.a. + GST (excluding land tax)

Investment Highlights:

•	Rare High Street holding in tightly held Penrith CBD
•	Set to benefit from $20B+ Western Sydney infrastructure pipeline
•	Strong projected population growth (60%+ by 2041)
•	Minutes to Western Sydney International Airport (opening 2026)
•	Ideal for passive investors seeking secure yield & long-term capital growth


Note: We have been furnished with the above information. All building and land areas quoted are approximate; prospective purchasers must make their own enquiries. All sale prices DO NOT include GST. Plans are indicative