SOLD
Sold on 02 Sep 2024 for $665,000

8B Karatta Terrace
Penneshaw SA 5222

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 564m2
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Property Details for 8b Karatta Tce, Penneshaw

8b Karatta Tce, Penneshaw is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2006. The property has a land size of 564m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Penneshaw in the last 12 months.

Building Type
House
Year Built
2006
Floor Size
130m2
Land Size
564m2
Local Government
Kangaroo Island
Lot/Plan
F2/C22506

Last Listing description (September 2024)

Another property sold. Please contact Nick or John for all your property advice.

Seashells - your island escape

Enjoy the laid back island lifestyle from this charming 4 bedroom, 2 bathroom, 2 living room coastal escape. This neat and tidy property offers a superb blend of comfort and convenience, making it an ideal prospect for families, professionals, and empty nesters alike.

Currently operating as a very successful short term holiday rental and delivering an excellent return on investment, the property has around 70 reviews at average score of 9.7/10
Constructed in 2006, the home is sited on a well elevated north-south parcel, offers a unique coastal living experience enriched by the mesmerising ocean views at the front and tranquil bush setting at the rear

What We Love About The Property;
Indoors;
Open plan living/dining/kitchen area with reverse cycle heating and cooling. Stacker doors invite the outdoors in and open up to create seamless integration to the undercover outdoor entertainment area. Flat screen television and Bose sound system are included
Kitchen offers an electric wall oven, stovetop and rangehood. There is plenty of bench and cupboard space and a water filter
Main bedroom is in a separate wing and the ability to isolate this area from the rest of the home. It has an ensuite featuring shower, toilet and vanity. There is also a split system for heating and cooling
Bedrooms 2, 3 and 4 all have ceiling fans and built-in 'robes
Second living room with attached kitchenette
Sparkling family bathroom with bathtub, shower, toilet and vanity
Laundry with trough, storage cupboard and rear access to the clothes line

Outdoors;
Undercover outdoor entertaining area with hardwood timber decking with stunning sea views
Neat and tidy gardens and lawned areas for kids and pets to play
Gazebo in the rear yard
Carport with plenty of room for extra vehicles and the boat
Paved footpaths around the home

Services;
Mains power
Mains water
Mains sewer
10 Panel solar system
Solar hot water with electric booster
2 x 10,000l Rainwater tanks

Located only a five minute walk to the gorgeous soft sands of Hog Bay Beach via the popular scenic sculpture trail or a leisurely ten minute stroll to one of the fabulous local cafes or the hotel for a drink or meal. The ferry terminal is a 3 minute drive away.

Seashells provides a splendid chance for those seeking a peaceful coastal retreat, while being a proven performer in the holiday home market. The combination of location, design, and additional features make this property a solid choice for any savvy buyer. The home can be offered on a walk-in walk-out basis. Come and check it out-you're gonna love it!

Pick up and drop off from the ferry terminal is available upon request. Please contact for further details around inspection availability.

All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.

OUWENS CASSERLY - MAKE IT HAPPEN
RLA 275403

Property History for 8b Karatta Tce, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$665,000
02 Sep 2024
  • 02 Sep 2024
    Sold for $665,000
  • 18 Jun 2024
    Listed for Sale Not Disclosed
  • 28 May 2021
    Sold for $315,000

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About 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 85.37% increase in median value, while Units have seen a -12.08% decrease. As at 31 August 2024:

  • The median value for Houses in Penneshaw is $511,368 while the median value for Units is $382,099.
  • Houses have a median rent of $240.
There are currently 5 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Penneshaw.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.