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Desane locks in $14.5 million build for 44-unit Penrith project

1:23pm on Wednesday 11th of November, 2026 AEDT • Property
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Desane locks in $14.5 million build for 44-unit Penrith project

1:23pm on Wednesday 11th of November, 2026 AEDT
Key Points
  • $14.5 million fixed-price design and construct contract, excluding GST
  • 44 industrial warehouse units across three buildings at 91 Thornton Drive
  • Construction expected to start in mid-November 2026, with occupation targeted for early 2028
  • Most units are expected to sell for less than $1 million, subject to final pricing
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