94 Cox AvenuePenrith NSW 2750
Property Details for 94 Cox Ave, Penrith
94 Cox Ave, Penrith is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 794m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (February 2024)
Welcome to 94 and 96 Cox Ave, Penrith with both houses being offered to the market at the same time, presenting a developers dream site of acquiring both properties side by side.
Both land holdings are R4 zoned as high-density residential living. Combining both 94 and 96 Cox Ave, you gain approx. 31m double street frontage and 1,548sqm of land. Development options include a block of units up to 15m height (HOB), townhouses, a boarding house, childcare centre (STCA), Mews (based on state government planning), the opportunities are endless.
94 Cox Ave
- Rental estimate $650 per week
- Large open backyard with outdoor dining area, lock up garage and established garden
- Split system air con throughout with 3x living areas, NBN connected
- Kitchen offers ample storage, electric cooktop with oven and dishwasher
- Timber floorboards to front two bedrooms and living room
- Carpet to remaining three bedrooms with lino tiles to kitchen and lounge/dining
- All bedrooms with built in robes, internal laundry, bathtub to main bathroom
- Gated access to driveway and front yard with porch
2 x 3 bed houses on 96 Cox Ave, presenting dual occupancy double rent on the one parcel of land.
96A Cox Ave
3 bed 1 bath 5 car
- Rental estimate $550 per week (minimal work to be done to be lease ready)
- Ceiling fan to bedrooms with curtains and timber floors
- Stained glass windows, electric oven with stove and rangehood
- Internal laundry with large wrap around verandah
- Shed at rear and grassed area in-between houses
- Lock up garage with toilet and external laundry for the front house.
96 Cox Ave
3 bed 1 bath
- Rental estimate $550 per week (renovation work to be done to be lease ready)
- Carpeted in bedrooms, 1 x living with split air con, 3 x bedrooms, bathroom with bathtub, kitchen, front porch.
Location-wise, you are within a 1.7km radius of Nepean Hospital (850m), Westfield (1.7km), Penrith station (1.7km), St. Dominic College (450m) and Penrith selective school (1km).
By 2026 we will have the St Mary's metro train line (8km away), and the 2nd airport (22km away).
By 2031 we are expecting 40,000 new jobs and the population of Penrith to double, presenting an excellent investment opportunity.
Outgoings:
94 Cox Ave
Water rates: $155 p/q approx.
Council rates: $572 p/q approx.
Outgoings:
96 Cox Ave
Water rates: $320 p/q approx.
Council rates: $536 p/q approx.
Property History for 94 Cox Ave, Penrith, NSW 2750
- 13 Aug 2023Sold for $1,300,000
- 18 Apr 2023Listed for Sale $1,300,000
- 15 Jan 2016Listed for Sale 1,000,000 to 1,100,000
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0About 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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