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Overview
This villa style apartment presents an excellent prime investment opportunity offering immaculate presentation throughout. It features two generously sized bedrooms with built-in wardrobes and benefits from a covered terrace area plus an automatic lock-up garage on title.
Situated on the ground floor with no steps, this apartment is part of a young, modern, and well-maintained security complex that ensures comfortable and convenient living.
The location is highly convenient, just a short stroll to Penshurst Shopping Centre and public transport options, as well as nearby Olds Park Reserve, a children's playground, and a skate park, providing a blend of urban living with ample outdoor recreational opportunities.
Main features include polished timber floorboards in the living and dining areas which add warmth and elegance. The open floor plan layout combines the lounge and dining spaces, seamlessly opening onto the large covered terrace area, enhancing indoor-outdoor living.
The gourmet kitchen is fitted with stainless steel appliances, stone benchtops, and gas cooking facilities, catering for the needs of modern cooking and entertaining. The full bathroom includes a free-standing bathtub and separate shower, providing comfort and convenience.
An internal laundry features a second WC, increasing the functionality of the home. Security is ensured by a single lock-up, remote-controlled garage located within a secure basement, offering peace of mind and protection for vehicles.
The apartment’s well-thought-out design and location present a compelling offering both for owner-occupiers seeking comfortable living and investors looking for a sound property investment.
Approximate outgoing costs reflect the local fees for council rates, water rates, and strata levies.
- Council rates approximately $421 per quarter
- Water rates approximately $176 per quarter
- Strata levies approximately $1,188 per quarter
Local Market Insights
In Penshurst, Quiet Listings observed 5 new apartments entering the market over the last 30 days, unchanged from 5 in the prior period, with an average advertised asking price of $906,400. The property type mix of listed properties is predominantly Apartments at 45%, followed by houses (36%), and units (9%). The most active agency for apartments in the Penshurst area is currently St George Property Agents, representing 80% of new listings, followed by PRD Nationwide with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Penshurst NSW 2222
Market Insights for Penshurst NSW 2222
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