Commercial Property

1/21 Penny Place

Arndell Park NSW 2148, Australia

- Parking
2183 m² Land size
- Internal area
$460,000 Last sale

Snapshot

Key points for 1/21 Penny Place.

  • Estimated market value: $1,357,500
  • Land size: 2,183 m²
  • Solar photovoltaic system
  • 540 m² internal floor area
  • 2,183 m² land parcel

About this commercial property

1/21 Penny Place is an industrial‑commercial unit offering approximately 540 m² of internal space on a 2,183 m² parcel. The property includes six dedicated parking bays and a solar photovoltaic system, supporting warehouse or light‑industrial uses. Recent low‑confidence market estimates place the unit’s value between $1.22 million and $1.41 million, while the last recorded sale was around 1999‑2000 for $460,000.

Rental activity has been noted in 2006, 2007 and 2021, with a disclosed weekly rent of $1,057 in 2006

Also written as Unit 1, 21 Penny Place.

Key details

Locality
Arndell Park
State
NSW
Coordinates
33.79624189 / 150.89351797
GNAF PID
GANSW703925245
Legal parcel ID
1/SP51474
Remoteness area
Metro
Property type
Commercial
Unit land size
2183 m²
Unit internal area
-
Land Use Category
Commercial

Market estimates

Based on curated rent estimate, web value evidence.

Expected weekly rent
$720
Expected property value
$1,357,500
Estimated yield
2.76%
Confidence
Low

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
Unit 1999/2000; Approximately 27 years ago.
$460,000—

Rental history

EventDateWeekly rent
Lease
1 Oct 2021
Weekly rent not disclosed; Listed by Richardson & Wrench Parramatta; 43 days on market.
—
Lease
1 Sep 2007
Weekly rent not disclosed; Listed by Griffin Property; 84 days on market.
—
Lease
1 Mar 2006
Weekly rent $1,057; Listed by Richardson & Wrench Parramatta; 21 days on market.
$1,057 per week

Property insights

Property Features

  • Solar photovoltaic system

Recorded sales and leasing agents

Recorded sale agency
Richardson & Wrench Parramatta
Recorded listing contacts
Richardson & Wrench Parramatta Agent for the historic sale and recent rentals

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

1/21 Penny Place is described with land size of 2,183 m²

Which nearby commercial precinct is closest to 1/21 Penny Place?

Atura Blacktown, a retail and commercial hub, is located nearby

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $1,357,500, the calculated weekly rent is $720 per week, and the indicative gross yield is 2.76%

What recent sale price or sale history is recorded?

1/21 Penny Place has a recorded sale at $460,000 on c. 1999/2000

What features are highlighted?

Solar photovoltaic system

Related profiles

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Root property

21 Penny Place

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Suburb profile

Arndell Park

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