Yes, you have all been asking for a property like this and finally it has arrived. In one of Castlereagh's most sought after addresses, neighbouring multimillion dollar properties, you'll find this great 5 acre property. It features a long road frontage, town water, a dam and an old original farmhouse needing renovation. Tidy up and live in whilst building your dream country home with possible dual occupancy (STCA). The land is lightly timbered with a choice of building sites. Rarely does an opportunity to build in such an in demand street present itself. With its close proximity to Penrith CBD and fast trains to Sydney, Penrith Lakes Scheme, and private and public schools, this property will be snapped up. Phone your friendly Cutcliffe agent today. Please see below link to read about plans announced for $150 million Penrith studio. https://www.if.com.au/plans-announced-for-150-million-penrith-studio/