OFF MARKET

94-98 Nepean Avenue
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 14380m2
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Property Details for 94-98 Nepean Ave, Penrith

94-98 Nepean Ave, Penrith is a 2 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 14380m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1970
Floor Size
74m2
Land Size
14380m2
Local Government
Penrith
Lot/Plan
6/DP38628

Last Listing description (December 2020)

The term "once in a lifetime opportunity" is often used very loosely in Real Estate advertising. This time however it could not be more true.
There are only 4 of these large acreage holdings in the street & they only come up for sale once in a generation.
Currently the property features a modest 2 bedroom cottage that has been in the family for over 50 years. You can guarantee in 50 more years the property will accommodate a much different investment.

What we are selling here is an amazing rural lot that is walking distance to all of the things that Penrith residents hold dear. The river walk starts right at your front door!
You can walk to East Bank for dinner, Emu Hall for cocktails, Panthers for live entertainment or simply enjoy the peace & serenity of the Nepean River & it's surrounds. If ever there was a lot worthy of your dream home this is the one. The frontage is over 50m wide & would accommodate every conceivable housing design. The term they don't make more land was coined for this property. You would be surrounded by some of the regions most impressive executive residences with a future value that has no cap when it comes to future value. You've had the dream now it is time to make it your reality.
Inspections strictly by appointment. Contact Darren Latty 0414 620532 or email darren@prd.net.au

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Property History for 94-98 Nepean Ave, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$2,200,000
02 Oct 2020
  • 02 Oct 2020
    Sold for $2,200,000
  • 19 Jun 2020
    Listed for Sale $2,750,000 - $2,950,000
  • 04 Jun 2001
    Sold
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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 12,522 properties.

    There are currently 91 properties listed for sale, and 78 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 616 properties were sold in the past 12 months in Penrith.

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