83 Nepean AvenuePenrith NSW 2750
Property Details for 83 Nepean Ave, Penrith
83 Nepean Ave, Penrith is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2300m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 5 bedroom House sold in Penrith in the last 12 months.
Last Listing description (November 2024)
Exclusive Deep Water Front Property in Penrith!
Auction on Site at 11am Sunday 24th November
Nestled on the banks of the beautiful Nepean River, in the area's most desired residential address - the prestigious Nepean Avenue. This remarkable property is being offered for sale the first time since 1963. What's being offered is the opportunity to build your private family estate for generations to come. This is an unparalleled lifestyle that blends tranquillity of an acreage style setting within only a few minutes walk of Penrith's bustling CBD.
Key Features:
1. River Access: The rarity of this property is the level easy access to the river itself. The land around the existing home is near level with a gently sloping river bank leading to the waters edge.
2. Prime Location: Enjoy the best of both worlds with the vibrant Penrith business district just moments away, while savouring the serenity of your private oasis on the banks of the Nepean River.
3. Endless Lifestyle Options: Explore the picturesque river walk, indulge in delicious meals at local favourites like the Log Cabin and Emu Hall, or enjoy the lively East Bank dining precinct-all within easy walking distance!
4. Outdoor Adventure: Fish, kayak, or take your boat out from your very own river frontage. This property is a gateway to a life filled with water activities.
5. Spacious Lot: Sitting on one of the largest lots in the area, this property presents a unique opportunity to create a landmark private estate, complete with sweeping grounds leading to the river.
6. Versatile Accommodations: The existing home offers significant living options, featuring a large family residence and a 2-bedroom second dwelling under the same roof-perfect for extended family or guests.
Executive Summary:
• Land Area as shown in the deposited plan - 3,465.6m2
• Land Area to the exiting riverline - 2,300m2
• Land area to the traverse line - 1,590m2
• Street frontage 21.575m
• River frontage measured at the traverse line 31.65m
First Time Offered Since 1963! Don't miss this rare chance to secure a significant deep waterfront property that promises both lifestyle and investment potential. The real value lies in the land and the opportunity to build your dream mansion in this coveted location.
Contact us today to schedule a viewing and start envisioning your future on Nepean Avenue!
Your riverfront paradise awaits!
Disclaimer: We have been furnished with the above information however, PRD Penrith, PRD Blue Mountains & PRD Glenmore Park gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
Property History for 83 Nepean Ave, Penrith, NSW 2750
- 08 Nov 2024Sold for $3,150,000
- 22 Oct 2024Listed for Sale Sold By Darren Latty, Jeremy Moss & Joe Masters
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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 12,677 properties. Over the last 5 years, Houses in Penrith have seen a 53.13% increase in median value, while Units have seen a 29.39% increase. As at 30 November 2024:
- The median value for Houses in Penrith is $964,559 while the median value for Units is $570,544.
- Houses have a median rent of $550 while Units have a median rent of $550.
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