2/115 Derby Street

Penrith, NSW 2750, Australia

3 bed 0 bath 1 car84m²

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AI Valuation Estimate

$681,500 – $768,500

Based on recent comparable sales in Penrith

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Discover Maiden Place, a unique opportunity to secure a brand new apartment in the heart of Penrith. A boutique development of 62 1,2 and 3 bed apartments, with a range of floorplans facing north and south, with timeless architecture at exceptional value, ready to move in Q1 2026 (by March 2026). - Stylish kitchen with stone benchtop and waterfall edge, marble-look splash back, premium stainless steel Haier dishwasher, cooktop and oven - Porcelain timber-look tiles to entry and kitchen, study nook, linen cupboard and pantry - Ducted air con throughout, floor to ceiling windows enhances natural light - Feature tiling to the bathrooms with vanity cupboard and framed shower recess - 6 storey Atrium that embraces an abundance of natural light on every level - Low maintenance materials and very functional features for young families and busy professionals - Carpeted living and bedrooms with mirrored robes, master with ensuite - Classic brick façade to stand the test of time, built and developed by Cadence - Excellent rental return at $600 per week for 1 beds and $700 per week for 2 beds, with very affordable strata levies at approx. $700 per quarter. - 9 visitor car spaces to basement Maiden Place is perfect for first home buyers to take advantage of the following government incentives: - $10,000 grant for properties under $600,000 - First Home Guarantee/5% Deposit Scheme - Help to Buy/Shared Equity Scheme (the Government provides up to 40% equity contribution for new builds, only requiring a 2% deposit) - Stamp Duty Exemption up to $800,000 With no neighboring developments, every apartment enjoys leafy outlooks and a peaceful streetscape, perfectly positioned within walking distance or a short drive from schools, shops, cafes and transport. 550m to Penrith Public School and Selective High School, 800m to Nepean Hospital, 1.3km to St Dominic's College, 1.4km to TAFE Penrith, 1.5km to Nepean Village with 24 hour Kmart, 1.9km to Penrith train station and Westfield, 2.1km to Jamison Park, 2.4km to Western Sydney University. With the 2nd airport coming by 2026 (22km away), St Marys metro by 2026 (7.6km away), population and jobs growth, a new generation is discovering the magic of Penrith with its world-class shopping amenities and express train from Penrith to Central in 4 stops (48 mins). Outgoings: Water Rates: $170 p/q approx. Council Rates: $483 p/q approx. Strata Levies: $700 p/q approx.