SOLD
RECENT ADVICE
Sold on 12 Dec 2024 for $480,000

18/41-45 Evan Street
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 18/41-45 Evan St, Penrith

18/41-45 Evan St, Penrith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Penrith in the last 12 months.

Building Type
Unit

Last Listing description (December 2024)

ROCK SOLID! QUALITY DESIGN & CONSTRUCTION
The 'Crown Apartments' were completed in 1998 during a golden era of quality apartment construction. Notable for their excellent engineering, design and enduring build quality they remain in excellent condition, are tightly held by owners and highly desirable. For astute buyers seeking quality and low ongoing costs, this property should be a priority. With a spacious layout, abundant natural light and ventilation it is undoubtably one of the best unit offerings currently on the market. Key highlights include:

- Two bedrooms, each with North-facing windows & built-ins

- Spacious open floorplan with ample lounge & dining spaces
- Superb 6m x 2.2m balcony with open leafy outlook over park
- Balcony & living areas elevated with North-Westerly outlook
- Generous bathroom area with seperate shower and bathtub
- Security complex with intercom access; remote garage door
- Garage is accessed a from covered central driveway beneath
- Split system A/C to living + 4 ceiling fans (living & bedrooms)
- Strata $723, Council $473, Water $176, (approx. per quarter)
- Currently occupied by a tenant with a lease expiry 11/2/2025

Everything about this apartment speaks to quality and although in mostly original condition those with a view to renovate & update can expect to see a great return on investment, although there are no works required with the kitchen and bathroom in good condition.

The top floor position enjoys a terrific outlook free from the visual impact of surrounding high-rise and looks over a council owned green space, removing the risk of this lovely aspect being built out. Being top floor, there is also potential to install ducted A/C or other additional services (network, power etc) (subject to strata approval).

There are 18 units within this well maintained and well run strata plan with no known major works required. We have the latest AGM minutes and current financials for your consideration.

The contract of sale, FAQ sheet, Latest strata AGM minutes and financials, and the offer to purchase form (with clearly defined process) is available to safely download from the Stanton & Taylor Real Estate Website (black folder icons). You can also obtain these by sending an email enquiry by clicking on the 'Get in touch' or 'Enquire' button on REA or Domain (not the SMS agent).

* Master bedroom image is a virtual furnishing that has been digitally rendered as the room is currently used as storage as can be viewed during the inspection. Room dimensions are accurate - refer to floorplan.

**Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out and rely entirely upon their own investigations.

Property History for 18/41-45 Evan St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$480,000
12 Dec 2024
Listed for Rent
$380/w
03 Feb 2023
  • 12 Dec 2024
    Sold for $480,000
  • 14 Nov 2024
    Listed for Sale BUYERS' GUIDE $489,000 - $509,000
  • 30 Jan 2023
    Listed for Rent $380 / week
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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 12,686 properties. Over the last 5 years, Houses in Penrith have seen a 53.13% increase in median value, while Units have seen a 29.39% increase. As at 30 November 2024:

  • The median value for Houses in Penrith is $964,559 while the median value for Units is $570,544.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 80 properties listed for sale, and 85 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 670 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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Justin Cohen
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Stanton & Taylor Real Estate
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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.