Auction details
- Auction4December
 
Auction location: Level 6, 150 George Street, Parramatta
Contact the agent if you'd like further information.
Enquire with AgentRetail for Sale in Penrith
Developers Clearance: Co-Living Investment - Thriving Penrith Growth Hub
- Building: 315m²
 - Land: 651m²
 
Next Steps:
Enquire with agentRWC Western Sydney is pleased to present 27 Coreen Avenue, Penrith for sale via In-Room Auction, as part of a Portfolio Auction.
Remarkable opportunity to capitalise on this secure Co-Living Investment. Leased to a reputable provider, ShareSorted on a head lease for 3 years expiring on 5 November 2026.
This low maintenance property is currently leased for $191,880 per annum, offering immediate cash flow with further uplift, low maintenance and depreciation benefits to the astute investor.
The property features nine (9) self-contained rooms, offered below replacement value with construction completed in November 2023.
Additional highlights of the property are outlined below:
- 9 High Quality Rooms (3 with balconies)
 - Each room is equipped with appliances, including a washer-dryer combo, cooktop, range hood and microwave.
 - Significant depreciation benefits
 - Site Area 651sqm*
 - Five (5) secure ground level car spaces
 - Equipped with CCTV and a video security intercom system.
 - All rooms feature split system air-conditioners and built-in wardrobes.
 - An outstanding long-term investment located in a high growth area.
 - 1.5km* to Penrith Train Station
 - Part of a Developers Portfolio Sale - MUST BE SOLD
 
The property is offered for sale via In-room Auction at Level 6, 150 George Street, Parramatta, on Thursday 4 December 2025 at 11:00am (unless sold prior).
For more information, please contact the exclusive selling agents.
*Approximately
^STCA
315m²
651m² / 0.16 acres
Tenanted
Retail, Offices, Medical/Consulting
Next Steps:
Enquire with agentAgents
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