OFF MARKET

493 Forest Road
Penshurst NSW 2222

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 128m2
Land area: 424m2
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Last updated 16 Sep 2024
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Property Details for 493 Forest Rd, Penshurst

493 Forest Rd, Penshurst is a bedroom, bathroom House. The property has a land size of 424m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in April 2013.

Building Type
House
Floor Size
128m2
Land Size
424m2
Local Government
Georges River
Lot/Plan
A/DP418788

Last Listing description (December 2012)

Rare Investment Opportunity
Torrens Title building with main road exposure from corner position on busy Forest Road.
Opportunities like this don't come up very often, secure your future now & also own a great investment with these blue chip tenants in place.

Property consists of three shops and two residential units presently being leased in one line by the lessee trading as Domino???s Pizza and Telstra Corporation.
Land Size: 423.7sqm
Shop Size: 310sqm
Rent: Domino???s: $72,930.65 per annum gross plus GST
Telstra: $21,212 per annum gross plus GST
Lease term: Domino???s: 5 x 5 years commenced 17/8/2008
Telstra: 20 year commenced 15/5/2010
Outgoings: Council: $5076 per annum
Water: $1800 per annum
Total income: $92, 930.65
Total Outgoings: $6,876
Nett income: $86,054.65

Property History for 493 Forest Rd, Penshurst, NSW 2222

A timeline of how this property has performed in the market
Last Sold
$1,120,000
15 Apr 2013
  • 15 Apr 2013
    Sold for $1,120,000
  • 04 Jun 2012
    Listed for Sale $1,250,000

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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 5,916 properties. Over the last 5 years, Houses in Penshurst have seen a 68.22% increase in median value, while Units have seen a 15.74% increase. As at 31 August 2024:

  • The median value for Houses in Penshurst is $1,804,253 while the median value for Units is $666,349.
  • Houses have a median rent of $795 while Units have a median rent of $580.
There are currently 17 properties listed for sale, and 11 properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Penshurst.

Suburb Insights for Penshurst 2222

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.