MORE NEW HOMRS AT PENRITH
PENRITH City Council says the Department of Planning and Environment forecasts predicts at least 6600 new homes will be built in the Penrith local government area by 2020/21. Council is working to create more than 25,000 new dwellings in Penrith City by 2031 including 5000 in the Penrith city centre.
PARRAMATTA CHILDCARE CENTRE SOLD
A 364-square-metre purpose-built Montessori Academy childcare centre licensed for 60 children, on a 1402-square-metre corner site, at 31-33 Iron Street, North Parramatta, has been sold at auction for $3.99 million. The Montessori Academy has a 10-year lease from 2014 with options to 2044.
VEGAS HOTEL MOVE APPROVED
IRIS Capital has won approval to relocate The Vegas Hotel, in Hurlstone Park, to the heritage-listed Station House Hotel, in Campsie, which is being restored. The new site will include 22 serviced apartments above the hotel.
