13-15 Luttrell Street Glenmore Park NSW 2745

Development / Land
2,001 m²
Sold

LOW DENSITY RESIDENTIAL DEVELOPMENT SITE WITH HOLDING INCOME

Site area 2,001 sqm*
R2 - Low Density Residential Zoning
Leaseback to Telstra

CBRE as the exclusive selling agents are pleased to present 13-15 Luttrell Street, Glenmore. The property is a 2,001sqm* residential development site (STCA) with holding income currently improved as a Telstra Corporation Limited telephone exchange. The property is offered with a 2 year lease with triple net terms to Telstra Corporation Limited and enjoys an abundance of development potential (STCA). The R2 Low Density Residential zoning permits use cases including centre-based or home-based childcare facility, subdivision for multiple residential dwellings, medical office, shop top housing and a place of public worship and more. 13-15 Luttrell Street is in proximity to bus stops, an assortment of supermarkets, boutique retail stores, parks, schools, Westfield Penrith, Penrith Train Station and the M4 Motorway.

13-15 Luttrell Street, Glenmore Park benefits from the following key attributes:
- Generous 2,001sqm* square, flat parcel of land
- R2 Low Density Residential Zoning offering an abundance of development potential (STCA) through centre-based childcare facilities, residential subdivision, medical facilities, shop top housing, place of worship and more.
- Offered with a 2-year lease with triple net terms (tenant pays all outgoings) to Telstra Corporation Limited at a net rent of $60,000 p.a. Excl GST
- Situated in a desirable suburb in proximity to the upcoming Western Sydney Airport opening in 2026, St Mary's & Orchard Hills Metro Station.
- Proximity to Glenmore Park Town Centre which includes an assortment of supermarkets, boutique retail stores, service station, health facilities, eateries, and schools
- T-Way bus stop located 100 m from the property, offering easy transportation around the suburb and to popular Westfield Penrith, Penrith Train Station, St Marys Town Centre

13-15 Luttrell Street, Glenmore Park will be sold via a Public Auction on Tuesday, 22nd March 2022 at 10:30am at AuctionWORKS.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx

CBRE Western Sydney

Level 4/10-14 Smith St

Parramatta, NSW 2150

Property Highlights

Date Sold	14 Mar 2022
Floor Area	2,001 m²
Land Area	2,001 m²
Parking	On site parking available
Property ID	2017618771
Category	Development / Land Other
Last updated	14 Mar 2022

Map for 13-15 Luttrell Street Glenmore Park NSW 2745

Nearest transport* to 13-15 Luttrell Street Glenmore Park NSW 2745

Bus

Train

Luttrell St Opp Harrower Pl	111 m
Kenneth Slessor Dr Opp Fitzgerald Pl	130 m
Luttrell St Opp Allison Dr	133 m
Kenneth Slessor Dr At Fitzgerald Pl	141 m

*Within a 4km radius

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CBRE Western Sydney

Level 4/10-14 Smith St

Parramatta, NSW 2150

Property Highlights

Date Sold	14 Mar 2022
Floor Area	2,001 m²
Land Area	2,001 m²
Parking	On site parking available
Property ID	2017618771
Category	Development / Land Other
Last updated	14 Mar 2022

Co-Agents

Ray Ahsan

CBRE Western Sydney

Call

0402 270 888

Lord Darkoh

CBRE Western Sydney

Call

0434 675 724

Alex Mirzaian

CBRE Western Sydney

Call

0400 523 523

More about 13-15 Luttrell Street Glenmore Park NSW 2745

13-15 Luttrell Street Glenmore Park NSW 2745 is categorized as Land & Development Property. It has a floor area of 2,001 m² and a land area of 2,001 m². The listing ID for this property is 2017618771.