Legend Real Estate
Call Us: 0406496127
Address: B123/20 Lexington Drive
Bellavista, NSW 2153
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79 - 87 Derby St, Penrith

Expression of Interest
  • Bedrooms: 16
  • Bathrooms: 6
  • Car Spaces: 5
  • Property type: House
  • Land size: 2964 sq metres
  • Listing type: For Sale

Rare R4 Development Potential Sites in the heart of Penrith

79, 81, 83 ,85, 87 Derby St, Penrith (5 Properties in a row)

Legend Real Estate is proud to present this rare and a massive development site in the heart of Penrith. Spanning approximately 2964sqm, the offering is a zoned R4 high-density residential site with an 18m height capacity.

The property is located in a prime high-growth pocket of Penrith, close to Nepean Hospital, Selective School, Penrith Station and CBD with access to express city transport and a selection of quality schools, shops, stadiums and much more.

This is a rare opportunity to join and benefit from the beginning of a big future in a region on the rise.

*** Total Land Information ***
* 5 Houses in a row
* Total of 2964 sqm of land
* Zoned R4 High Density Residential
* 18m Height Capacity
* Total Frontage - app 75m
* Currently all properties are leased with a total rental return $2290 per week. Great Cashflow

*Apartment Construction Requirements*
Minimum lot size for an apartment development is 1200sqm
Minimum frontage for an apartment development is 24m

79 Derby St, Penrith
Land size - 594 m²
Rent - $380/week

81 Derby St, Penrith
Land size - 594 m²
Rent - $610/week

83 Derby St, Penrith
Land size - 601 m²
Rent - $400/week

85 Derby St, Penrith
Land size - 601 m²
Rent - $490/week

87 Derby St, Penrith
Land size - 574 m²
Rent - $410/week

Penrith is thriving with strong economic growth and infrastructure, with a new metro direct to the new airport, combined with massive Government investment in rail, road and air transport, creating endless potential for visionary businesses and investors.

Secure this site to start working on your dream development project. Wait no longer, pick up the phone and call us now. We are eager to help. An opportunity like this won't last long, be the first one to grab it.

DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested buyers should rely on their own searches.



“I am writing to express my complete satisfaction with Hari and Legend Real Estate Services. Their knowledge of the real estate market in Sydney is commendable. They worked hard and created strategies to get us the best sale price. They were thoroughly professional, committed and approachable. I highly recommend them.”

- Mr. Nakul Agarwal


My property was sold in first week after keeping in market, above my expectations . It was amazing and never expected to be so quicker.

Initially once came into contract both partners helped to with all aspects of preparation and renovation with very reasonable expenditure not making me to spend too much.

They even are helping me to keep track of all expenditure so that I can easily apply for my tax returns next year.

Durai and Hari are very friendly helpful and I always will recommend them to any one with any property issues either for Rental or Selling or even buying.

My present property where I am living now used to be rented they took care of that property also.

- Mr. Suresh Madala


Hari & Legend Real Estate Services made it very easy to purchase my property in Schofields very near to the station which was my requirement. Hari and the team engaged , timely communicative, throughout the whole process and we are very pleased with the result. Happy to have dealt with Legend Real Estate Services.
Good team.

- Mr. Namal Dinesh

Vendor 75 Georgina Cr Marsden Park

I have availed their buying, selling and renting services. They have always exceeded my expectations.
Professional service with a personal touch.

- Amit Patel
Marsden Park