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Sold on 21 Oct 2024 for $2,900,000

98 Penrose Street
Lane Cove West NSW 2066

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 150m2
Land area: 587m2
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Property Details for 98 Penrose St, Lane Cove West

98 Penrose St, Lane Cove West is a 4 bedroom, 2 bathroom House. The property has a land size of 587m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Lane Cove West in the last 12 months.

Building Type
House
Floor Size
150m2
Land Size
587m2
Local Government
Lane Cove
Lot/Plan
39/DP27621

Last Listing description (October 2024)

A golden opportunity nestled in the most exclusive blue ribbon pocket of Lane Cove, directly opposite the popular Blackman Park. This property offers your family the ultimate peaceful setting you've been seeking. An unrivaled opportunity awaits to secure this original, fully double brick gem, presenting a perfect blank canvas for renovation, adding a second level, or rebuilding your dream home (subject to council approval) in an unmatched location.
Enjoying a serene ambiance, yet surrounded by Lane Cove's wide array of exceptional lifestyle advantages including vibrant restaurants, cafes, shops, leading schools, and swift CBD access, this property features:

Directly across the road to the highly sought-after Blackman Park

Rare 18.28m wide frontage
4 bedrooms, main with ensuite, plus a study
Original charming bathroom
Richly grained original timber floors throughout
High ceilings and original features, bathed in natural light
Laundry facilities
Lock-up garage
Double brick construction ensuring durability and insulation
Prime location just 500 meters from local amenities and a short 11.5 km commute to Sydney CBD

Don't miss this unique opportunity to create your ideal home in one of Lane Cove's most prestigious locations.

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Property History for 98 Penrose St, Lane Cove West, NSW 2066

A timeline of how this property has performed in the market
Last Sold
$2,900,000
21 Oct 2024
Listed for Rent
$780/w
27 Feb 2016
  • 21 Oct 2024
    Sold for $2,900,000
  • 23 Jul 2024
    Listed for Sale Contact Agent
  • 22 Feb 2016
    Listed for Rent - Price not available
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About Lane Cove West 2066

The size of Lane Cove West is approximately 1.7 square kilometres. It has 13 parks covering nearly 20.4% of total area. The population of Lane Cove West in 2011 was 2,250 people. By 2016 the population was 2,627 showing a population growth of 16.8% in the area during that time. The predominant age group in Lane Cove West is 30-39 years. Households in Lane Cove West are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lane Cove West work in a professional occupation. In 2011, 76.3% of the homes in Lane Cove West were owner-occupied compared with 66.3% in 2016.

Lane Cove West has 1,900 properties. Over the last 5 years, Houses in Lane Cove West have seen a 41.29% increase in median value, while Units have seen a 17.67% increase. As at 30 November 2024:

  • The median value for Houses in Lane Cove West is $2,919,596 while the median value for Units is $954,530.
  • Houses have a median rent of $1,200 while Units have a median rent of $650.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Lane cove west on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Lane cove west.

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