Act Fast! - Premium Development sites in this location are rarely brought to market! SDA APROVED , HIGH PHYSICAL SUPPORT.

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159 Jamison Road, Penrith NSW 2750

ONCE IN A LIFE TIME OPPORTUNITY!!

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$2M - $2.1M Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 2 Cars 702 m²

Listed: 24th Jul 2026

Updated: 12 hours ago

Overview

This property presents a rare and valuable opportunity for developers and investors interested in the rapidly evolving Penrith market. Situated on a substantial 702 square meter site, it offers a premium development platform with approvals already secured, including CDC approval to expedite project timelines.

The existing house, set on this sizeable lot in a central location, is slated for demolition, providing a clear slate to capitalize on the land's development potential. There is prospect to construct up to five units under the current zoning (subject to council approval), which accommodates both commercial and residential uses, thereby adding flexibility to development plans.

The site is particularly notable for its preparedness for Specialist Disability Accommodation (SDA) with high physical support, evidenced by three existing NDIS leases that generate approximately $90,000 annually. This income-backed component offers added security and investment appeal in a market with strong demand for quality specialist accommodation.

CDC approval ensures a streamlined development process, reducing risk and delays.
Significant groundwork is already completed, speeding readiness for construction.
Flexible zoning supports a range of project types including residential units and commercial ventures.
Located in the heart of Penrith, benefiting from population growth and infrastructure investment.

Overall, the property suits developers looking to leverage long-term growth in Penrith, investors seeking secure rental income streams through NDIS, and providers interested in SDA opportunities. Its central location, combined with the flexibility of use and existing approvals, makes this a notably low-risk, high-potential development site.

Local Market Insights

In Penrith, Quiet Listings observed 27 new houses entering the market over the last 30 days, down from 29 during the previous 30-day period, with an average advertised asking price of $1,175,259. The property type mix of listed properties is predominantly Houses at 49%, followed by apartments (25%), and units (14%). The most active agency for houses in the Penrith area is currently Aitken RE, representing 30% of new listings, followed by Ray White with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.