191 Binneys TrackPenneshaw SA 5222
Property Details for 191 Binneys Trk, Penneshaw
Last Listing description (August 2024)
On the edge of the Penneshaw township you'll find this gorgeous and expansive allotment of some 3161 square metres.
Located directly opposite the stunning Baudin Conservation Park, home to the Ironstone Hill coastal walking trail, it is perfectly positioned to offer glimpses of Backstairs passage through the sheoak trees that provide shelter from the coastal winds and a valuable home to the region's Glossy Black Cockatoo population.
If you love nature, the coastal environment and yet the convenience of being close to the facilities of the Penneshaw township this could provide the perfect place to create your island retreat.
The rural living zoning offers great scope for development. Please email us if you would like a copy of the relevant planning policy for this beautiful site.
Power is available at the corner of the allotment and whilst a water meter is not yet installed the SA water pipeline is available for connection.
The Penneshaw township is blessed with a stunning white sand beach, multiple great dining options, boat launching facilities, golf course, a very well stocked IGA and of course being home to the Sealink Ferry Terminal it's highly convenient for mainland travel.
Peaceful and picturesque this is definitely one to pop on your list.
SPECIFICATIONS:
CT: Vol 5889 Folio 986
ZONING: RURAL LIVING
COUNCIL: KANGAROO ISLAND
COUNCIL RATES: $1,175.80 2024 FIN YR
ESL: $59.00 p.a. 2024 FIN YR
SA WATER: $74.20 p.q. (No Meter Installed)
Disclaimer:
Please note accessing and inspection of this property is at your own risk. S&S Property and Projects accepts no responsibility for any loss, accident or injury or other liability incurred during the course of inspecting this property and its surrounding tracks and coastline.
Development/Building is subject to council and planning consents.
Whilst all information has been obtained from sources we believe to be accurate, it cannot be relied upon and we accept no liability for any errors or omissions (including but not limited to a property's land size, building size floor plans, building age and condition). All interested parties should seek and obtain independent advice. Should this property be scheduled for auction, the Vendors statement may be inspected at our office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes prior to schedule start time.
Property History for 191 Binneys Trk, Penneshaw, SA 5222
- 02 Aug 2024Sold for $185,500
- 29 Jun 2024Listed for Sale $185,500
- 14 Jun 2017Sold for $78,000
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0About Penneshaw 5222
The size of Penneshaw is approximately 5 square kilometres. It has 7 parks covering nearly 9.4% of total area. The population of Penneshaw in 2011 was 273 people. By 2016 the population was 286 showing a population growth of 4.8% in the area during that time. The predominant age group in Penneshaw is 60-69 years. Households in Penneshaw are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penneshaw work in a managers occupation. In 2011, 67% of the homes in Penneshaw were owner-occupied compared with 67.3% in 2016.
Penneshaw has 548 properties. Over the last 5 years, Houses in Penneshaw have seen a 83.22% increase in median value, while Units have seen a -12.08% decrease. As at 30 September 2024:
- The median value for Houses in Penneshaw is $514,827 while the median value for Units is $385,327.
- Houses have a median rent of $240.
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