Sold
20 Riley Street also known as 156-158 Henry Street,
Penrith 2750, New South Wales
Price withheld
Property details
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Agents
Trophy Corner Retail Investment - Penrith CBD
RWC Western Sydney is proud to present 20 Riley Street, also known as 156-158 Henry Street, Penrith an exceptional trophy retail investment in the heart of Penrith CBD.
Positioned within the heart of Penrith's prime retail strip, this substantial freehold opportunity occupies a 904sqm* landholding and comprises an impressive 916.3sqm* of building area, offering investors a rare combination of scale, security, and blue-chip tenancy. The asset is anchored by established occupants including St George Bank/ Westpac and York Jewellers brand new flagship store, delivering secure income underpinned by strong covenant strength and long-term investment confidence.
The property benefits from prominent main street exposure, dual street frontage, and immediate proximity to Westfield Penrith and the Train and Bus Interchange. This strategic positioning ensures strong pedestrian traffic, excellent connectivity, and ongoing demand, supporting both income resilience and long-term capital growth.
Additional highlights of the property:
• Prominent land holding of 904.5sqm with 916.3sqm of building area
• Net annual income of $390,949.53* p.a
• Fixed rental increases of 3% per annum
• Long term leases in place, offering a strong Weighted Average Lease Expiry (WALE)
• Zoned E2 Commercial Centre
• Significant dual street frontage to Henry Street and Riley Street
• Prime main street exposure with high foot traffic
• Immediate access to an abundance of local amenities and public transport
The property will be offered for sale via In-Room Auction, Monday 11 May 2026 at 11:00am.
150 George Street, Parramatta
For more information, please contact the exclusive selling agents.
*Approximately
Positioned within the heart of Penrith's prime retail strip, this substantial freehold opportunity occupies a 904sqm* landholding and comprises an impressive 916.3sqm* of building area, offering investors a rare combination of scale, security, and blue-chip tenancy. The asset is anchored by established occupants including St George Bank/ Westpac and York Jewellers brand new flagship store, delivering secure income underpinned by strong covenant strength and long-term investment confidence.
The property benefits from prominent main street exposure, dual street frontage, and immediate proximity to Westfield Penrith and the Train and Bus Interchange. This strategic positioning ensures strong pedestrian traffic, excellent connectivity, and ongoing demand, supporting both income resilience and long-term capital growth.
Additional highlights of the property:
• Prominent land holding of 904.5sqm with 916.3sqm of building area
• Net annual income of $390,949.53* p.a
• Fixed rental increases of 3% per annum
• Long term leases in place, offering a strong Weighted Average Lease Expiry (WALE)
• Zoned E2 Commercial Centre
• Significant dual street frontage to Henry Street and Riley Street
• Prime main street exposure with high foot traffic
• Immediate access to an abundance of local amenities and public transport
The property will be offered for sale via In-Room Auction, Monday 11 May 2026 at 11:00am.
150 George Street, Parramatta
For more information, please contact the exclusive selling agents.
*Approximately
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Contact Peter Vines
Contact Peter Vines
Peter Vines
20 Riley Street also known as 156-158 Henry Street, Penrith NSW 2750
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Peter Vines
20 Riley Street also known as 156-158 Henry Street, Penrith NSW 2750