OFF MARKET

24/40-50 Union Road
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 91m2
Land area: 125m2
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Property Details for 24/40-50 Union Rd, Penrith

24/40-50 Union Rd, Penrith is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 125m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2018
Floor Size
91m2
Land Size
125m2
Local Government
Penrith
Lot/Plan
24/SP96912

Last Listing description (July 2022)

** Another Property SOLD by Gizzelle Powell
Call or SMS 0428 934 618 for FREE Market Appraisal

** Ideal First Home or Investment Property

This luxurious two-bedroom penthouse and New York style split level apartment is nearly new, only four (4) years old. Situated in a sought-after place in Penrith. This spacious home offers the perfect option for those looking for their first home or investment property with strong rental returns.

In an ideal lifestyle location, the property is a short distance to Westfield Shopping Centre, Nepean Village, Penrith train station, Panther's Entertainment Complex, Penrith CBD, Nepean River, shops, cafes and eateries as well as a variety of nearby transport options plus it is only a short drive to Nepean Hospital.

The benefits of buying this property are:
* Two (2) generous sized bedrooms both fitted with built ins
* Main bedroom with ensuite
* Natural light filled living room with access to the balcony.
* Spacious balcony, perfect for entertaining friends and family
* Modern kitchen with stone benchtops, gas cooktop and stainless-steel appliances
* Powder room downstairs
* Exquisite bathroom tiled up to the ceiling with bath tub
* Internal laundry
* Intercom with security
* Lift access
* Currently rented with tenants happy to stay.

This is a great opportunity not to be missed, Call or SMS Gizzelle now on 0428934618 for further information or for your private inspection.

DISCLAIMER: The above information is believed to be correct and accurate, however, RE/MAX does not guarantee its accuracy and we urge prospective buyers to make their own enquiries if necessary. Virtual furniture for illustration purposes only.

COVID19 INSPECTION POLICY:
Please note that we are adhering to strict Government guidelines to always ensure the safety of our team and the community.

We do welcome you to attend our inspections, however kindly request that you:
* Wear a mask - our clients have instructed that they will not be enabling entry to their homes to any client not wearing a face mask.
* Adhere to the social distancing guidelines of one person per four square meters.
* Ask one of our team if you would like to open any cupboards or doors for further inspection. We are exercising a "Look don't Touch" policy to keep everyone safe.
* Keep our team and community safe by not attending an inspection if you are feeling unwell.
* Make use of the complimentary hand sanitizer provided at all viewings.

Property History for 24/40-50 Union Rd, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$575,000
09 Apr 2022
Listed for Rent
09 Mar 2020
  • 09 Apr 2022
    Sold for $575,000
  • 14 Feb 2022
    Listed for Sale ANOTHER SOLD | Call 0428934618 for FREE APPRAISAL
  • 09 Jan 2020
    Listed for Rent - Price not available
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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 12,574 properties. Over the last 5 years, Houses in Penrith have seen a 59.13% increase in median value, while Units have seen a 28.63% increase. As at 31 July 2024:

  • The median value for Houses in Penrith is $971,046 while the median value for Units is $544,775.
  • Houses have a median rent of $550 while Units have a median rent of $530.
There are currently 105 properties listed for sale, and 89 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 624 properties were sold in the past 12 months in Penrith.

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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.