598 King Georges RoadPenshurst NSW 2222
Property Details for 598 King Georges Rd, Penshurst
598 King Georges Rd, Penshurst is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 689m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Penshurst in the last 12 months.
Last Listing description (July 2024)
Introducing a sterling opportunity for first home buyers and developers alike.
The existing home features 3 bedrooms, a spacious garage/workshop, a flat block and landscaped backyard including an in-ground swimming pool and spa.
This expansive, near level block of approximately 689 square metres with a 15.25-metre frontage also presents as a prime opportunity for a new duplex construction subject to council approval (STCA).
An established easement on title for stormwater drainage through the rear property further underscores the developmental or new house appeal.
Located only a few minutes' drive away from all of Hurstville's amenities including schools, Westfield's, shops, restaurants, buses and train.
Features:
• 689 square metre near level block by 15.25m wide (approx.)
• Duplex Development Site (subject to council approval)
• Established easement for stormwater drainage
• Spacious 3-bedroom house, master with built in robe
• 1 garage, 2 undercover car spaces + off-street parking
• Landscaped backyard with inground swimming pool & spa
• Walking distance to Hurstville CBD, shops, schools and transport
****DUE TO CURRENT ROADWORKS, PARKING IS ALLOWED ON THE PROPERTY****
Property History for 598 King Georges Rd, Penshurst, NSW 2222
- 02 Jul 2024Sold for $1,300,000
- 06 Jun 2024Listed for Sale Offers $1.25mill - $1.35mill
- 20 Dec 2019Sold
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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 5,885 properties. Over the last 5 years, Houses in Penshurst have seen a 56.02% increase in median value, while Units have seen a 15.96% increase. As at 31 October 2024:
- The median value for Houses in Penshurst is $1,809,306 while the median value for Units is $677,252.
- Houses have a median rent of $770 while Units have a median rent of $580.
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