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Investment Highlights

  • Two adjoining riverfront parcels totaling approx. 88,800 m² in iconic Penrith location.
  • Exceptional connectivity: 8 mins to Penrith CBD and 20 mins to WSI Airport, linked to the M4 Motorway.
  • Irreplaceable eastern bank positioning with direct access to lifestyle and entertainment amenities.
  • Significant long-term value in one of Western Sydney’s most dynamic growth corridors.

Executive Summary

An exceptionally rare opportunity to acquire two adjoining parcels on the eastern bank of the Nepean River, combining for approximately 8.88 hectares (90A: 2.02 ha, 90B: 6.86 ha) of strategic landholding in one of Western Sydney’s most high-growth regions. Positioned within the Penrith LGA and approximately 56 km from the Sydney CBD, the properties benefit from strong regional connectivity via the M4 Motorway and Mulgoa Road and are only 20 minutes to the new Western Sydney International (WSI) Airport.
90B Tench Avenue offers a substantial 68,600 m² RU4-zoned landholding improved by a multi-generational residence featuring 3 bedrooms, multiple living areas, dual kitchens, and 3 bathrooms, complemented by a detached storage/workshop facility. Privately accessed via a 500 m driveway and fully secured, this property delivers unmatched privacy within a vibrant entertainment and lifestyle precinct steps from the “East Bank” dining hub.
90A Tench Avenue comprises a 20,200 m² SP3 Tourist and RE1 Public Recreation zoned allotment, presenting an outstanding development or tourism-based investment opportunity (S.T.C.A). The site includes a well-maintained 3-bedroom dwelling built in 2016, currently leased on a monthly basis, generating holding income. Both sites offer essential services including water and power connections and are bordered by an established riverfront recreational precinct that attracts heavy patronage year-round.
This portfolio provides immense long-term upside and diversification, catering to developers, investors, tourism operators, or visionary owner-occupiers seeking one of the last expansive holdings on the Nepean River with the ability to activate lifestyle, hospitality, or mixed-use projects in Western Sydney’s gateway to growth.

Property Facts

Sale Condition Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Land Area 21.94 AC

Properties

Property Name / Address Property Type Size Individual Price
90B Tench Ave, Jamisontown NSW 2750 Land 16.95 AC -
90A Tench Ave, Jamisontown NSW 2750 Land 4.99 AC -
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  • Listing ID: 40606063

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 90A & B Tench Avenue Jamisontown, Jamisontown, NSW

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