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Investment Highlights

  • Positioned along the Nepean River adjacent to the active East Bank precinct featuring multiple retailers.
  • Within 20 minutes’ reach of the new Western Sydney International Airport, emphasizing connectivity.
  • Zoned SP3 Tourist and RE1 Public Recreation supporting diverse future development uses.
  • Short drive to Penrith CBD, and near critical arterials M4 Motorway and Mulgoa Road.
  • Regular-shaped allotment, fully fenced and serviced with water and power.

Executive Summary

This rare opportunity presents 20,200 sqm of prime riverfront development land on the Eastern Bank of the Nepean River within the thriving Penrith region. Zoned SP3 Tourist and RE1 Public Recreation, the property supports a diverse range of permissible uses (STCA), including hotels, serviced apartments, health facilities, function centers, recreational amenities, and neighborhood retail facilities.
Anchored in the rapidly evolving growth corridor of Western Sydney, the property sits approximately 56 km from the Sydney CBD and just 20 minutes from the upcoming Western Sydney International (Nancy-Bird Walton) Airport. Its strategic location offers seamless connectivity to the M4 Motorway, Mulgoa Road, and is only 8 minutes from Penrith CBD. The surrounding precinct continues to experience substantial investment, complemented by developments like Winter Sports World nearby.
The site boasts an expansive, regular-shaped, fenced allotment with water and power services available. Existing improvements include a modern three-bedroom dwelling built in 2016, currently tenanted on a monthly basis for holding income. This riverside landholding represents an exceptional platform for developers, investors, and owner-occupiers to leverage the tourism and lifestyle positioning of Penrith’s premier waterfront precinct.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 4.99 AC

1 Lot Available

Lot

Lot Size 4.99 AC

Zoned SP3 Tourist & RE1 Public recreation

Description

The property comprises a 20,200 sqm allotment situated along the eastern bank of the Nepean River in Jamisontown, New South Wales. It is located approximately 56 km west of Sydney’s central business district and 8 minutes from Penrith CBD, providing access to the M4 Motorway and Mulgoa Road. The site is within proximity to regional developments including East Bank precinct and the proposed Winter Sports World complex. Zoning designations are SP3 Tourist and RE1 Public Recreation. Existing improvements include a freestanding dwelling constructed in 2016. Services for water and electricity are present.

  • Listing ID: 40591218

  • Date on Market: 2026-05-19

  • Last Updated:

  • Address: 90A Tench Ave, Jamisontown, NSW 2750

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