Penrith at a glance
20,687
People
$1,060,000
Median sale
$585/wk
Median rent
2.87%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
NSW › Penrith › Macquarie Ave
For sale
For sale
4
Bedrooms
1
Bathrooms
3
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
No recorded sale price for this property yet.
Penrith at a glance
20,687
People
$1,060,000
Median sale
$585/wk
Median rent
2.87%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $585/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Penrith at a glance
20,687
People
$1,060,000
Median sale
$585/wk
Median rent
2.87%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Lifestyle Marketing**Unique R2-Zoned Opportunity with Established Business Use
Positioned in a prominent and highly accessible Penrith location, 16 Macquarie Road presents a versatile opportunity for owner-occupiers, investors and professionals seeking residential zoning with established business functionality.
Currently zoned R2 Low Density Residential, the property has historically been used for business purposes, offering flexibility for buyers looking to continue exploring business-related opportunities, subject to Council approval and applicable requirements.
The benefits of purchasing this property include:
* Situated on an approximately 957 square metre block
* R2 Low Density Residential zoning
* Potential for a range of uses, subject to Council Approval
* Ideal opportunity for owner-occupiers, investors or business users
* Four(4) spacious rooms offering versatile use
* Private kitchen facilities
* Two(2) separate toilets for added convenience
* Extensive storage throughout the property
* Long-standing business use
* Prominent Macquarie Road position
* Excellent exposure and accessibility
* Flexible existing improvements
* Secure on-site parking with ample space for clients
* Spacious backyard providing additional outdoor space
Ideally located within easy walking distance of Penrith Train Station, Penrith Selective High School, shops, cafés and everyday amenities, the property is also close to Nepean Hospital, Nepean Private Hospital and major transport links to Kingswood, St Marys and the Penrith CBD.
For buyers seeking a property with existing business functionality, residential zoning and future potential, this is an opportunity that deserves serious consideration. Its versatile setup and prime location make it a standout option worth inspecting.
Don't miss out, for further information or to arrange a private inspection, please contact Gizzelle Powell on 0428934618 or email gizzellepowell@remax.com.au
** DISCLAIMER: The above information is believed to be correct and accurate, however, RE/MAX Lifestyle Marketing does not guarantee its accuracy, and we urge prospective buyers to make their own enquiries if necessary. Virtual furniture for illustration purposes only.
** Please note: To comply with realestate.com.au's listing requirements, the property has been recorded as having 1 bathroom. In reality, the premises include 2 separate toilets and no full bathroom. Buyers are encouraged to inspect to appreciate the layout and existing amenities.
The property is zoned R2 Low Density Residential. Buyers should make their own enquiries with Penrith City Council regarding existing use, permissible uses, approvals and any future development potential. No representation is made that any particular business or commercial use is permissible without the relevant approvals.
** INSPECTION POLICY:
Please note that we are adhering to strict Government guidelines to always ensure the safety of our team and the community.
We do welcome you to attend our inspections, however kindly request that you:
* Masks are no longer mandatory however, they are highly recommended in situations where social distancing is difficult
* Adhere to the social distancing guidelines of one person per four square meters.
* Ask one of our team if you would like to open any cupboards or doors for further inspection. We are exercising a "Look don't Touch" policy to keep everyone safe.
* Keep our team and community safe by not attending an inspection if you are feeling unwell.
* Make use of the complimentary hand sanitizer provided at all viewings.
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Listing description written by Gizzelle Powell, RE/MAX Lifestyle Marketing — reproduced as published, not verified by Districts.