FOR SALE
OFF MARKET OPPORTUNITY

5 Young Street
Penshurst NSW 2222

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 650m2
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POTENTIAL DUPLEX SITE (S.T.C.A)

The property is set in an elevated position and on the high side of the street. The land size is approx. 650sqm with a wide frontage of 16.154m, making it the ideal site for redevelopment, potential duplex site (S.T.C.A). The existing two storey home is full of character and charm with double brick structure, high ceilings, large rooms, vinyl flooring and impeccable floorplan, located in a prime location.
Key Highlights:
1. Redevelopment Potential:
* Elevated position with approx. 650m² of land, suitable for duplex construction (STCA)
* Generous frontage of 16.154m
* Block is relatively clear, with sewage located near the rear
2. Existing Home Features:
* Structural Quality: Double-brick construction with high ceilings, polished timber floors, and a well-designed floor plan
* Living Space: Expansive living area with large rooms
* Bedrooms: Four spacious bedrooms, two with built-in wardrobes, one with a walk-in robe, and a master bedroom featuring a balcony
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Property Details for 5 Young St, Penshurst

5 Young St, Penshurst is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 650m2. The place is currently for sale with PRDnationwide Beverly Hills.

Building Type
House
Land Size
650m2

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About Penshurst 2222

The size of Penshurst is approximately 2.5 square kilometres. It has 13 parks covering nearly 9.3% of total area. The population of Penshurst in 2011 was 11,692 people. By 2016 the population was 12,795 showing a population growth of 9.4% in the area during that time. The predominant age group in Penshurst is 20-29 years. Households in Penshurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penshurst work in a professional occupation. In 2011, 65.2% of the homes in Penshurst were owner-occupied compared with 60.7% in 2016.

Penshurst has 5,913 properties. Over the last 5 years, Houses in Penshurst have seen a 49.10% increase in median value, while Units have seen a 13.59% increase. As at 30 November 2024:

  • The median value for Houses in Penshurst is $1,796,316 while the median value for Units is $675,011.
  • Houses have a median rent of $780 while Units have a median rent of $580.
There are currently 11 properties listed for sale, and 12 properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in Penshurst.

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Grace Liwanag
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PRDnationwide Beverly Hills
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