FOR SALE
$695,000 - $750,000

8 Pengana Crescent
Mollymook NSW 2539

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 803m2
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Perfect first home, investment or redevelop opportunity in Mollymook!

Nestled in the sought-after coastal enclave of Mollymook, this compact yet charming brick and tile home presents a golden opportunity for first-time buyers, savvy investors, or those seeking a prime redevelopment site.
Situated on a generous block, this three-bedroom, one-bathroom abode exudes potential. With its prime location and solid construction, it's the perfect canvas for those with a vision for renovation or expansion.
Step inside to discover a cozy living space filled with natural light, offering a functional kitchen adjacent to lounge and dining area which is ideal for enjoying meals and time with loved ones.
All bedrooms offer comfortable accommodation, perfect for singles, couples, or even as a vacation retreat. The bathroom, though compact, provides all the essentials for daily convenience.
Outside, the property boasts a spacious yard, offering endless possibilities for outdoor living, gardening, or future development. Imagine summer barbecues, or simply soaking up the coastal sunshine in your own private oasis.
Located in the heart of Mollymook, residents will enjoy easy access to pristine beaches, scenic coastal walks, local cafes, shops and just 5 minutes from both Ulladulla and Milton. With its desirable location and potential for growth, this property represents an exciting investment opportunity.
Currently occupied by a reliable long-term tenant who is keen to stay, this home offers immediate rental income for investors or the flexibility to renovate at your own pace.
Don't miss your chance to secure your slice of coastal paradise in this highly coveted location. Whether you're a first-time buyer, investor, or developer, this property is sure to capture your imagination. Arrange your inspection today and unlock the potential of this Mollymook gem!
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

Property Details for 8 Pengana Cres, Mollymook

8 Pengana Cres, Mollymook is a 3 bedroom, 1 bathroom House. The property has a land size of 803m2 and floor size of 72m2. The place is currently for sale with Jo Jones Property - ULLADULLA.

Building Type
House
Floor Size
72m2
Land Size
803m2

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About Mollymook 2539

The size of Mollymook is approximately 1.8 square kilometres. It has 8 parks covering nearly 25.4% of total area. The population of Mollymook in 2011 was 1,184 people. By 2016 the population was 1,068 showing a population decline of 9.8% in the area during that time. The predominant age group in Mollymook is 60-69 years. Households in Mollymook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mollymook work in a professional occupation. In 2011, 76.8% of the homes in Mollymook were owner-occupied compared with 73.9% in 2016.

Mollymook has 1,229 properties. Over the last 5 years, Houses in Mollymook have seen a 64.41% increase in median value, while Units have seen a 79.62% increase. As at 30 November 2024:

  • The median value for Houses in Mollymook is $1,015,537 while the median value for Units is $708,751.
  • Houses have a median rent of $630 while Units have a median rent of $463.
There are currently 48 properties listed for sale, and 2 properties listed for rent in Mollymook on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Mollymook.

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Jo Jones
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Jo Jones Property - ULLADULLA
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