6/38 Castlereagh St, Penrith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1821m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Penrith in the last 12 months.
When it comes to real estate the experts always say look for the 3 main things.location..location..location.
Situated right in the heart of the Penrith CBD is this fantastic two bedroom unit that is very pleasing to the eye with its modern improvements & neutral colour scheme.
There is a spacious lounge living area with carpet flooring and a large split system A/C unit to help maintain a comfortable living standard all year round. There is an access door leading out to a good sized uncover balcony with views to the iconic Blue Mountains.
The beautiful modern kitchen offers an array of features with high & low cupboards, ample bench space, stainless steel oven & exhaust fan, microwave shelf, large fridge space and dual stainless steel sink.
There are two good sized bedrooms each with carpet flooring and pull down blinds.
The stunning bathroom has been beautifully renovated with large floor to ceiling tiling, separate shower and bath, stylish vanity with large wall mirror and toilet.
There is an internal laundry which is a must when living in a unit complex.
The prime location is perfect being well within walking distance to the Penrith CBD, K-Mart shopping complex, various retail shops, Penrith bowling club, sporting fields and local bus stops, not that you need them.
Strata fees are $869.80 per quarter.
Council rates are $450 per quarter.
The property is currently leased to an excellent tenant who pays $380 per week in rent and is in a current lease which expires on the 12/04/24.
For further information please call Ross Heidtmann on 0407 113 039.
Asking $420,000.
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:
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