212/2B Lord Sheffield Circuit
Penrith, NSW 2750

This studio apartment presents a highly affordable investment opportunity within the vibrant Thornton Estate in Penrith. Designed to offer a comfortable urban lifestyle, the property boasts a north-facing covered balcony on the second level, providing ample natural light and a pleasant outdoor space.

The interior features include a split system air conditioning system complemented by blinds throughout, ensuring comfort and privacy. The kitchen is equipped with integrated fridge/freezer, LED lighting, and a Fisher & Paykel dishwasher, catering to modern living needs. An internal laundry with a washer/dryer combo and a spacious bathroom add to the convenience of the apartment.

Additional features include mirrored built-in robes and floorboards throughout the living areas, enhancing the apartment's aesthetic appeal and functionality. Residents have exclusive access to rooftop facilities, including a media and games room, a dining and meeting room with a fully equipped kitchen, a yoga area, a ping-pong table, a dedicated pet area, and a BBQ area, fostering a strong community atmosphere.

Constructed in 2022, the building benefits from an on-site building manager and ground-level retail spaces, adding to the convenience and security of the residence. The location is strategic, with Penrith train station, multiple dining options, and Westfield shopping center just moments away, facilitating seamless city access and daily living.

Looking ahead, the upcoming second airport, located approximately 22 kilometers away and expected to be operational by 2026, along with ongoing population, infrastructure, and job growth, positions Penrith as an emerging hub. The express train service from Penrith to Central Sydney takes only 48 minutes with four stops, enhancing connectivity.

Residents of Thornton Estate enjoy proximity to Ron Mulock Oval, walkways, and cycle paths leading to Penrith's CBD, as well as retail shops, a community playground, and a BBQ area with a free monthly community BBQ event, promoting an active and social lifestyle.

This apartment is currently managed by an accredited affordable housing provider until 2032. After this period, it can be leased privately at full market rent or occupied by the owner, which is expected to increase the property's value by approximately 10% immediately.

The internal area of 47 square meters is appealing to financial institutions, making this a very affordable and attractive investment opportunity. Outgoings include approximate quarterly costs of $170 for water rates, $483 for council rates, and $829 for strata levies.