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Sold on 26 Feb 2024 for $630,000

18/83-85 Union Road
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 142m2
Land area: 142.5m2
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Property Details for 18/83-85 Union Rd, Penrith

18/83-85 Union Rd, Penrith is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 142.5m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Penrith in the last 12 months.

Building Type
Unit
Floor Size
142m2
Land Size
142.5m2

Last Listing description (February 2024)

The Phone Code for this property is: 31188. Please quote this number when phoning or texting.

The most central unit in Penrith is on the market! This luxurious and truly unique 2 storey penthouse stands out front the rest. Perfectly located within minutes walk to Penrith Plaza, train station and schools whilst offering stunning panoramic views of the Blue Mountains. The endless food and entertainment options that Penrith offers is at your fingertips living in this apartment.

A penthouse packed full of exclusive features separated over 2 storeys. Boasting a private master suite upstairs that includes an ensuite with a bath, huge walk in robe, luxury floor to ceiling windows that overlook your surrounds and a private study room. A second well sized bedroom located downstairs with an adjoining ensuite is connected to the open plan kitchen, living and dining space that opens out onto the impressive 40m2 wrap around open terrace, it's an entertainers dream! This exclusive top floor location is flooded with natural light and spectacular views from all angles due to it's abundance of windows; a very rare opportunity.

Additionals:Additional features :
- Tenanted for $620 per week (4.92% rental yield)
- Dual zone ducted air conditioning
- Downstairs powder room (2.5 bathrooms)
- Secure parking with storage (under building, secure access)
- Secure access to building via intercom

Please feel free to contact me to book an inspection or with any questions.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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Property History for 18/83-85 Union Rd, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$630,000
26 Feb 2024
Listed for Rent
$500/w
11 Jan 2021
  • 19 Feb 2024
    Sold for $630,000
  • 02 Dec 2023
    Listed for Sale $655,000
  • 16 Oct 2020
    Listed for Rent $500 / 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 12,677 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 73 properties listed for sale, and 81 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 660 properties were sold in the past 12 months in Penrith.

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