Developers Clearance: Co-Living Investment - Thriving Penrith Growth Hub
RWC 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
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