8/27 Lemongrove RoadPenrith NSW 2750
Property Details for 8/27 Lemongrove Rd, Penrith
8/27 Lemongrove Rd, Penrith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Penrith in the last 12 months.
Last Listing description (August 2024)
Situated in a quiet and leafy brick complex comprising just 8 units, this top floor abode delivers unbeatable value without breaking the bank. Perched on the outskirts of the Penrith CBD, the home is conveniently located close to a plethora of major amenities, transport and shopping.
Practical and well-cared for, the property reveals a seamless single level layout. Inside, a tiled open plan lounge and dining room flow to the galley-style kitchen equipped with stone benchtops, ample storage and stainless steel appliances. A sunny balcony provides a restful place to relax with a morning cuppa, or unwind at the end of the day with your drink of choice.
Both the bedrooms are generous in size and share a modern, family bathroom with a shower over bath, vanity and toilet. An internal laundry lies adjacent to the kitchen and the property also comes with a designated parking space and lock-up storage.
Penrith is a fast-growing hub with a vibrant CBD that is within a short walk from your new home. In addition to Westfield Penrith and Nepean Village, there are also plenty of quality restaurants and eateries to choose from. Families will appreciate the access to private and public schooling options and a variety of parklands, reserves and sports clubs that are all located nearby. Major amenities also include the Penrith Train Station, Blue Bet Stadium, race tracks, cinemas, the TAFE NSW campus, Nepean Hospital and of course, the iconic Nepean River, offering kilometres of picturesque walking trails that beckon you to explore on foot or bike!
Whether you're looking for a high yielding addition to the property portfolio or a basic starter with endless potential, this one is worth an inspection. A few simple updates and this apartment has the potential to attract capital gains in the future. Call now to arrange an inspection.
Key Attributes
- 2 bedroom, 1 bathroom top floor unit, in a quiet brick complex
- Tiled open plan living area flows to the galley-style kitchen
- Sunny balcony for relaxing or entertaining reveals a leafy outlook
- 2 decent sized bedrooms with carpet
- Central updated bathroom with shower over bath, toilet & vanity
- Internal laundry, designated car space & lock up storage area
- Walk to the Penrith CBD, Westfield, train, cinema's & restaurants
- Close to nearby clubs, sports fields & riverside walking trails
- Affordable investment or starter located in a high growth suburb
- 1 of only 8 units within a boutique & well-maintained complex
Property History for 8/27 Lemongrove Rd, Penrith, NSW 2750
- 29 Jul 2024Sold for $405,000
- 09 Jul 2024Listed for Sale $408,000
- 02 Nov 2020Sold for $305,000
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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 12,542 properties. Over the last 5 years, Houses in Penrith have seen a 57.54% increase in median value, while Units have seen a 31.43% increase. As at 31 October 2024:
- The median value for Houses in Penrith is $976,372 while the median value for Units is $570,743.
- Houses have a median rent of $550 while Units have a median rent of $550.
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