40 Nepean Avenue
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About this property
Positioned on a substantial 999m² parcel and directly adjoining the iconic Great River Walk, this expansive residence presents a rare lifestyle investment opportunity in one of Penrith's most prestigious and tightly held riverside precincts. Perfectly suited to investors seeking strong short-term rental returns, the property has previously operated as a successful Airbnb-style accommodation, attracting guests drawn to its size, amenities and unbeatable location. Just moments away are major lifestyle drawcards including Westfield Penrith, The Log Cabin Hotel, the vibrant Eastbank Dining Precinct, historic Emu Hall Bar & Kitchen and the revitalised Regatta Parkmaking the property highly attractive to both short-stay visitors and long-term occupants. Designed for scale, flexibility and premium guest appeal, the residence features: - Six generously proportioned bedrooms ideal for group bookings - Three full bathrooms accommodating large families or multiple guests - A stunning chef's kitchen at the heart of the home - Sophisticated modern interiors throughout - Private sauna providing a luxury guest experience - Multiple living zones and secluded outdoor spaces for privacy and relaxation - A self-contained studio ideal for additional rental income, guest accommodation or manager's quarters Sparkling inground swimming pool a highly desirable feature for short-term rentals and entertaining With its large capacity accommodation, resort-style features and unbeatable riverside location, this property is perfectly positioned to capitalise on Penrith's growing tourism and lifestyle market. Whether continuing as a high-performing short-term rental investment or transforming into a prestigious family residence, this remarkable property offers scale, versatility and exceptional income potential in one of Penrith's most sought-after addresses. The contract of sale, offer to purchase form (with clearly defined process) and FAQ sheet is available by clicking on the 'Enquire' buttons and completing the form on REA or Domain. Alternatively, you can safely download materials from the Stanton & Taylor Real Estate Website by navigating to the property page (the black folder icons are safe download links and each are named). *Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out and rely entirely upon their own investigations.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Parking
- 3
- Land Area
- 999 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Penrith
This 6-bedroom house in Penrith, NSW 2750 sits within reach of public transport, local shops and nearby schools. It is listed 288% above the $644,000 median of 71 comparable houseswithin 5 km.
Schools near Penrith
- Penrith Public Schoolprimary · K-6 · CoEd
- Penrith South Public Schoolprimary · K-6 · CoEd
- St Nicholas of Myra Primary Schoolprimary · K-6 · CoEd
- Wadangali Public Schoolprimary · P-6 · CoEd
What's nearby
- Penrith Station, Stand A (bus) — 1.4 km away
- Coles — 1.3 km away
- Unnamed — 487 m away
- Unnamed — 601 m away
- Woodriff Gardens — 715 m away
Penrith at a glance
Full suburb profile- Population
- 17,966
- Median age
- 36
- Household income
- $1,397/wk
- Median rent
- $380/wk
- Median mortgage
- $1,783/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Penrith price trend
Median sold · House 3 bed
Compound growth +6.1% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Penrith marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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