156-158 Henry Street
Penrith, NSW 2750

Overview

Trophy Corner Retail Investment - Penrith CBD

This property represents an exceptional trophy retail investment opportunity located in the heart of Penrith CBD. Situated on a prominent landholding of approximately 904.5 square meters, the site boasts an impressive building area of around 916.3 square meters, providing a substantial footprint for retail operations.

Positioned within Penrith's prime retail strip, the freehold asset offers investors a rare combination of scale, security, and blue-chip tenancy. The property is anchored by established occupants, including major financial institutions and a flagship jeweller, ensuring a secure income stream supported by strong covenant strength and long-term investment confidence.

The asset benefits from prominent main street exposure with significant dual street frontage to Henry Street and Riley Street. Its strategic location offers immediate proximity to Westfield Penrith and the Train and Bus Interchange, facilitating excellent connectivity and strong pedestrian traffic. This advantageous positioning supports both income resilience and long-term capital growth potential.

Additional highlights of the property include:

• Prominent land holding of 904.5 square meters with 916.3 square meters of building area
• Net annual income of $448,072.98
• Fixed rental increases of 3% per annum
• Long-term leases in place, offering a strong Weighted Average Lease Expiry (WALE)
• Zoned E2 Commercial Centre, suitable for a variety of commercial uses
• Significant dual street frontage enhancing visibility and access
• Prime main street exposure with high foot traffic
• Immediate access to an abundance of local amenities and public transport options

The property is offered for sale via in-room auction, providing an opportunity for investors to acquire a high-quality retail asset in a thriving commercial precinct.

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