Room to Live, Space to Grow and Views to Enjoy!

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40 South Road, Penguin TAS 7316

$739,000

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$739k - $776k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 3 Baths 2 Cars 2984 m² 181 m²

Listed: 9 hours ago

Overview

Situated on a substantial 2,984 square metre allotment, this spacious house in Penguin offers an excellent blend of family comfort, versatile living spaces, and desirable elevated ocean views. The generous land size not only provides privacy and ample outdoor room but also opens opportunities for future development or subdivision, subject to council approval.

The home's bright and airy dining area is enhanced by large windows showcasing picturesque views of the surrounding countryside and ocean, contributing to a serene living atmosphere. The well-designed kitchen and comfortable lounge facilitate everyday living and entertaining, while four bedrooms cater comfortably to families of various sizes. The master suite includes an ensuite and walk-in robe, providing a private retreat for homeowners.

A notable feature is the additional living area equipped with its own kitchenette, bathroom, and bedroom, ideal for multigenerational living, guests, or independent teenagers. This dual-living configuration adds flexibility and enhances the property's functionality.

Outdoor amenities further enrich the lifestyle offered by this property, with multiple decks, patios, and covered entertaining areas perfect for relaxation or social gatherings. The extensive grounds accommodate children, pets, gardening activities, or simply enjoying the expansive space and privacy.

Practical needs are well met through substantial garage and shed space, alongside a garden shed and hothouse, supporting various storage or workspace requirements.

Expansive land offering privacy and potential for future subdivision
Flexible dual-living option with self-contained additional living area
Living spaces designed to maximize natural light and coastal views
Multiple outdoor entertaining areas amidst lush grounds
Ample storage and workshop facilities complement the home

This property represents an attractive opportunity for families, those seeking flexibility in living arrangements, or buyers looking for a home with both lifestyle appeal and future growth potential in the convenient Penguin location.

Local Market Insights

In Penguin, Quiet Listings observed 10 new houses entering the market over the last 30 days, down from 16 during the previous 30-day period, with an average advertised asking price of $1,577,800. The property type mix of listed properties is predominantly Houses at 91%, followed by land (9%). The most active agency for houses in the Penguin area is currently Harcourts, representing 70% of new listings, followed by Jenrew Real Estate 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.