$30m Western Sydney site has $417m potential
Investors and developers have expressed interest in a 16,000sqm site that has the potential to be transformed into a mixed-use development that could be worth $417m once completed.
Situated in the heart of the Penrith CBD, the site has a Voluntary Planning Agreement that would permit a mixed-use scheme to be built.61-79 Henry St, Penrith Feasibility studies undertaken by Afford as part of their planning proposal indicate the entire development would be valued at $417m once completed.
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