401 Forest RoadPenshurst NSW 2222
Property Details for 401 Forest Rd, Penshurst
Last Listing description (July 2024)
Located on busy Forest Road Penshurst, this 480sqm workshop sits on a prime piece of St George Property.
With a total land area of 519sqm, this property benefits from being almost built to the boundary which is getting very uncommon.
This property has recently had a new roof and would suit a multitude of uses or businesses who require that main road exposure.
Having been a successful Automotive Engine Reconditioner for 30 years, this property offers ample 3 phase power and a functional clear span work areas which can be utilised for many different uses who can take advantage of the E4 General Industrial zoning.
Penshurst Train Station is only a short 500m walk away, as is Penshurst shopping strip which gives you endless dining and convenience options. In the opposite direction is Westfield Hurstville which is a 6 minute walk and again offers loads of dining and shopping options.
If traveling by car, this property is meters from King Georges Rd and allows access to major arterial Roads in seconds and can have on the M5 in either direction in a matter of minutes.
519sqm Land Area
3 Phase Power
Clear Span Warehouse area
E4 General Industrial Zoning
500m walk to Penshurst Train Station
6 min walk to Westfield Hurstville
https://webbooks.designly.com.au/m5-industrial-property-services/401%20Forest%20Rd%20Penshurst-V3/
Property History for 401 Forest Rd, Penshurst, NSW 2222
- 26 Feb 2024Listed for Sale MAIN ROAD EXPOSURE - PRICE REDUCED TO SELL !!!
- 05 Jul 1993Sold for $60,000
- 18 Dec 1991Sold for $250,000
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About Penshurst 2222
The size of Penshurst is approximately 2.5 square kilometres. It has 13 parks covering nearly 9.3% of total area. The population of Penshurst in 2011 was 11,692 people. By 2016 the population was 12,795 showing a population growth of 9.4% in the area during that time. The predominant age group in Penshurst is 20-29 years. Households in Penshurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penshurst work in a professional occupation. In 2011, 65.2% of the homes in Penshurst were owner-occupied compared with 60.7% in 2016.
Penshurst has 5,915 properties. Over the last 5 years, Houses in Penshurst have seen a 45.74% increase in median value, while Units have seen a 12.36% increase. As at 31 December 2024:
- The median value for Houses in Penshurst is $1,747,518 while the median value for Units is $668,304.
- Houses have a median rent of $780 while Units have a median rent of $580.
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