$30m Western Sydney site has $417m potential for transformation
newscatcher
2023-05-03 20:30
$30m Western Sydney site has $417m potential for transformation
61-79 Henry St, Penrith NSW 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. The Henry Lawson Centre is owned by The Australian Foundation for Disability and is being developed via Afford, with price indications in the high $30m range. 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.

https://www.realcommercial.com.au/news/30m-western-sydney-site-has-417m-potential-for-transformation

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