17 Farrells Lane, Castlereagh

Spanning a one-hectare parcel (approx 2.4 acres), this R2-zoned property presents endless opportunities for homeowners and developers. Whether transforming the existing home or embarking on a complete rebuild, the potential to create a semi-rural retreat is unmatched. Visionary developers may also see the land as a prime prospect for future development or land banking (STCA).

The existing two-storey home boasts six bedrooms, including a flexible space perfect for a teenager's retreat or elderly parent's living quarters. With two bathrooms, one on each level, the layout is practical and accommodating, awaiting a fresh design vision.

Beyond the home, the grounds are ideal for children, pets, or simply enjoying semi-rural living. Fruit trees, including fig, mulberry, lemon, and orange, add a charming touch of country life. Meanwhile, the detached garage with a carport and additional toilet, plus town water and sewer connections, provide added convenience.

Located opposite Penrith Lakes, the new Penrith Beach, and only 10 minutes from Penrith CBD, this property balances peaceful living and urban connection. It's an extraordinary opportunity to create a lifestyle or investment capitalising on the property's immense potential.

Features: - One-hectare R2-zoned property offering versatility for homeowners or developers - Endless possibilities for a semi-rural retreat, renovation, or complete rebuild (STCA) - Six-bedroom, two-storey home with flexible spaces for multigenerational living - Practical layout with two bathrooms and a home office space - Spacious grounds perfect for children, pets, or outdoor enjoyment - Fruit trees, including fig, mulberry, lemon, and orange, add a country charm - Detached garage with carport plus sheds, town water, and sewer connections - Prime location opposite Penrith Lakes and just 10 minutes to Penrith CBD

Contact your friendly Cutcliffe agent today to arrange an inspection.