SOLD
Sold on 28 Nov 2023 for $460,000

403/1 Markham Avenue
Penrith NSW 2750

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 76m2
Sold By
Ray White Nepean Group Penrith
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Property Details for 403/1 Markham Ave, Penrith

403/1 Markham Ave, Penrith is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 76m2 and floor size of 55m2. 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
2021
Floor Size
55m2
Land Size
76m2
Local Government
Penrith
Lot/Plan
46/SP103332

Last Listing description (December 2023)

Strata Fee: $500 per 1/4
Potential Rent $520 P/W
Upcoming Auction - November 28th, 6:00 PM Onsite

Presented for Sale by Public Auction Unit 403, 1 Markham Street, Penrith

Under instructions from Simon Cathro and Declan Lane of Cathro & Partners as the liquidators of Samarpan Investments Pty Ltd (In Liquidation), an exquisite one-bedroom unit is set to go under the hammer on Wednesday, November 28th, at 6:00 PM onsite. Unit 403 is more than just a residence; it's a unique blend of location, outlook, and floor plan designed for the discerning few.

Step into a masterfully crafted apartment that's ready for you to move in. This exclusive property seamlessly marries space, natural light, and contemporary craftsmanship, creating an atmosphere of comfort and sophistication.

This building boasts a prime address in the heart of Penrith, mere moments away from the hospital, public transport, and vibrant shopping precincts.

Key Features: Extensive open-plan layout with floor-to-ceiling windows for abundant natural light. Outdoor flow to the private balcony enhanced by picturesque views. Exclusive rooftop area featuring barbecue facilities and lush gardens. The kitchen showcases Caesarstone countertops, natural gas, and Westinghouse appliances. Generously sized bedroom with built-in wardrobe. Chic bathroom with floor-to-ceiling tiles and internal laundry. Residents enjoy unlimited access to a common lounge area. Modern amenities include air conditioning, stylish tiling, downlights, skylight, and ceiling fans. A neutral color scheme, and shadow-line ceilings for added appeal. Secure basement car space with storage, and it's just a short stroll to the park. Easy access to motorways, schools, and the bustling Penrith CBD. Only 1.8 km from Penrith Train Station and 1.2 km from Kingswood Train Station.

Don't miss your chance to own this remarkable unit in Penrith. Join us at the auction on November 28th 6:00 PM onsite, and seize the opportunity to make this your new home. For more information or to arrange a private viewing, please contact Michael Coco and The Coco Team on 0423 284 888.

Embrace a lifestyle of luxury, convenience, and breathtaking views. This is your moment to secure a piece of Penrith's finest real estate. We look forward to welcoming you on auction day!

Property History for 403/1 Markham Ave, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$460,000
28 Nov 2023
Listed for Rent
$400/w
17 Mar 2022
  • 28 Nov 2023
    Sold for $460,000
  • 01 Nov 2023
    Listed for Sale Buyers Guide - $375,000
  • 20 Jun 2023
    Listed for Sale Not Disclosed
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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.