83A Penrose RoadBundanoon NSW 2578
Property Details for 83a Penrose Rd, Bundanoon
83a Penrose Rd, Bundanoon is a 1 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 809m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (October 2021)
**Strict COVID-19 protocols apply when inspecting this property. Due to restrictions, all inspections are by appointment only.**
Bursting with character, this 1920 workers cottage has been stylishly restored and renovated and is now run as a successful holiday let with a consistently high occupancy rate and turnover.
Situated in a small subdivision of new homes on the outskirts of the village, with huge potential to extend the existing cottage into a substantial family home, this is a great opportunity for the astute buyer. Extend, build a new home, enjoy the cottage as a weekender, continue running the already established AirBnB business...so many options and all of them appealing!
Completely reclad in weatherboard and finished in classic Hamptons style
Re-wired and plumbed
Insulation in walls and ceiling
All new foundations
New timber look vinyl plank flooring
Refurbished open plan kitchen
Single bathroom with shower over bath, toilet and vanity
Double bedroom
Open plan living/kitchen
Great outdoor area with firepit
Option to also purchase the brand new tiny house on site
Just 1.5km from the village centre
Property History for 83a Penrose Rd, Bundanoon, NSW 2578
- 24 Sep 2021Sold for $680,000
- 02 Sep 2021Listed for Sale Contact Agent
- 07 Apr 2020Listed for Rent $375 / week
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0About Bundanoon 2578
The size of Bundanoon is approximately 55.5 square kilometres. It has 9 parks covering nearly 67.5% of total area. The population of Bundanoon in 2011 was 2,419 people. By 2016 the population was 2,749 showing a population growth of 13.6% in the area during that time. The predominant age group in Bundanoon is 60-69 years. Households in Bundanoon are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bundanoon work in a professional occupation. In 2011, 83.3% of the homes in Bundanoon were owner-occupied compared with 84.1% in 2016.
Bundanoon has 1,833 properties. Over the last 5 years, Houses in Bundanoon have seen a 57.79% increase in median value, while Units have seen a -14.15% decrease. As at 31 October 2024:
- The median value for Houses in Bundanoon is $1,120,937 while the median value for Units is $665,148.
- Houses have a median rent of $650.
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