SOLD
Sold on 08 Nov 2023 for $480,000

32 Cleveland Lane
Penrith NSW 2750

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 83m2
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Fortune Connex Rhodes
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Property Details for 32 Cleveland Lane, Penrith

32 Cleveland Lane, Penrith is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Penrith in the last 12 months.

Building Type
Unit
Year Built
2016
Land Size
83m2
Local Government
Penrith
Lot/Plan
2/SP92659

Last Listing description (September 2024)

Fortune Connex is proud to present this unique property, showcasing exceptional quality and excellence. This property offers an excellent opportunity for first home buyers or investors in a prime location in the Penrith CBD. NO STRATA!!!

Key Features:

- Spacious living and dining area with a sun-drenched, open-plan layout.

- House-style design to ensure the interiors are flooded with natural light, with no obstructions.
- Fresh and bright interior with new paint and well-proportioned spaces, open onto a balcony with an elevated view.
- Air conditioning for year-round comfort.
- A well-appointed kitchen equipped with stainless steel gas appliances.
- Spacious bedroom with built-in robes.
- Modern main bathroom with mirror and cabinet.
- Conveniently equipped internal laundry.
- Single lock-up garage with internal access.

Local Amenities:

- The property is located within the "Thornton Estate."
- Just 600 meters from Penrith Station and a short distance from Westfield Penrith, sports grounds, barbecue facilities, and local cafes.

Do not miss the opportunity to experience the best of urban living in this stylish Penrith apartment. Contact Fortune Connex today to arrange a viewing.

Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Property History for 32 Cleveland Lane, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$480,000
08 Nov 2023
Listed for Rent
$400/w
17 Nov 2022
  • 08 Nov 2023
    Sold for $480,000
  • 25 Oct 2023
    Listed for Sale Not Disclosed
  • 12 Nov 2021
    Listed for Rent $390 / 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 12,530 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 114 properties listed for sale, and 75 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 612 properties were sold in the past 12 months in Penrith.

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