This property comprises a part 3 storey mixed use retail/residential building consisting of a ground level commercial tenancy, and 26 upper-level residential units (configured as 24 x studio units and 2 x 2-bed units). The property is situated on the southern fringe of the Mascot retail/commercial strip and provides undercover parking for 20.

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2115 Castlereagh Rd, Penrith site marks the rebirth of the former Crane Enfield Metals to become a new manufacturing hub for the locals.

The property comprises older style improvements situated on a large 12.06-hectare land holding, part of which is leased with the major tenant, Capral. The site benefits from significant power and gas supply due to its historic use being heavy manufacturing. Opportunity also exists to take advantage of the substantial surplus land available for development (STCA) and multiple value-adds investment strategies to complement the existing improvements.

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