Draft Deed of Novation for an existing Voluntary Planning Agreement for 61-79 Henry Street, Penrith

Penrith City Council is publicly notifying a draft Deed of Novation for an existing Voluntary Planning Agreement (VPA) for 61-79 Henry Street, Penrith also known as Lot 1 DP 771927 (the Land).

The existing VPA was entered between Council and the Australian Foundation for Disability (AFFORD) on 23 October 2023 in support of a Planning Proposal relating to the Land. The VPA sets out several mechanisms for the timing and delivery of infrastructure on the land and surrounding area. The infrastructure items within the VPA include Road and Infrastructure upgrades, dedication of land, public open space and affordable and diverse Housing. The total value of the items within the VPA equates to approximately $10,000,000.

Since the VPA was entered, AFFORD and Harrington Penrith Pty Ltd have exchanged contracts for the sale of the Land. Accordingly, AFFORD sought Council’s consent to sell and transfer the land to Harrington Penrith Pty Ltd (the transferee) in line with requirements under clause 13.2 of the VPA.

A copy of the draft Deed of Novation and Explanatory note can be viewed under the Document Library on the right side panel of this page.

The notification period is from Thursday 27 June 2024 to Thursday 25 July 2024. Submissions must be received by 5pm on 25 July 2024.

Please contact Natalie White, Planner on (02) 4732 7833 or email natalie.white@penrith.city for enquiries.