SOLD
Sold on 21 Aug 2024 for $565,000

1/1 Dean Place
Penrith NSW 2750

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 121m2
Land area: 1437m2
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Property Details for 1/1 Dean Pl, Penrith

Building Type
Commercial
Floor Size
121m2
Land Size
1437m2
Local Government
Penrith
Lot/Plan
1/SP21551

Last Listing description (August 2022)

PRD Commercial Western Sydney have been appointed exclusive marketing agents to offer for sale by Auction, 1/1 Dean Place, Penrith.

Located in the North Penrith Industrial Estate. A highly sought after position with excellent road access to Mulgoa Road or Northern Road.

The property has been owner occupied since 2014. The owner runs a plumbing business and has added a number of improvements specifically suited to their needs. A shower was added to the toilet & various storage/mezzanine area's were required to cater to his expanding business.

Set in a small complex of only 6 this is the front unit that directly addresses the street. Being offered with vacant possession.

EXECUTIVE SUMMARY
Legal Address: Lot 1 Strata Plan 21551 (Folio 1/SP21551)
Total Building Area:108sqm (approx) Incl;
- Building - 108 sqm plus
- Mezzanine (increased original size)- 40 sqm
Outgoings:: Total $5,306.40 (excl GST) Approx.
Zoning: IN1 - General Industrial
Council: Penrith City

AUCTION DETAILS
Date: Wednesday 10th August 2022
Time: from 11am
Venue: To be Auctioned at PRD Penrith Real Estate Office Level 1/27 Lawson Street, Penrith

CONTACT DETAILS
Darren Latty on 0414 620 532 darren@prd.net.au

Disclaimer: We have been furnished with the above information however, PRD Penrith gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

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Property History for 1/1 Dean Pl, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$565,000
21 Aug 2024
  • 21 Aug 2024
    Sold for $565,000
  • 10 Aug 2022
    Sold for $490,000
  • 13 Jul 2022
    Listed for Sale Contact Agent
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About Penrith 2750

The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of total area. The population of Penrith in 2011 was 11,813 people. By 2016 the population was 13,264 showing a population growth of 12.3% in the area during that time. The predominant age group in Penrith is 20-29 years. Households in Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation. In 2011, 45.9% of the homes in Penrith were owner-occupied compared with 40.7% in 2016.

Penrith has 12,572 properties. Over the last 5 years, Houses in Penrith have seen a 57.79% increase in median value, while Units have seen a 29.32% increase. As at 30 September 2024:

  • The median value for Houses in Penrith is $965,319 while the median value for Units is $550,284.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 108 properties listed for sale, and 67 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 627 properties were sold in the past 12 months in Penrith.

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