13 Lorne AvenueSouth Penrith NSW 2750
Property Details for 13 Lorne Ave, South Penrith
13 Lorne Ave, South Penrith is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 643m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom House sold in South Penrith in the last 12 months.
Last Listing description (October 2023)
Introducing a single-level 4-bedroom home with dual rental incomes, proudly presented by Fortis Real Estate. Nestled in proximity to prime amenities including Southlands Shopping Centre, Jamison High & York Primary schools, parks, Nepean Hospital, the train station, and the M4, this is an opportunity that demands swift action.
Currently the property is achieving a combine rental amount of $820 per week which is due to increase to $940 per week in rent.
Zoned as R2 and on a generous 651m2 (approx.) block with an impressive 18m approx. frontage.
The main residence showcases:
- Three bedrooms, two with built-in robes.
- An inviting formal lounge.
- Family/rumpus room with a cozy fireplace and air conditioning.
- An upgraded main bathroom with a separate toilet.
- Spacious kitchen with abundant storage.
- Second bathroom with additional shower.
- Internal laundry.
- Currently tenanted for $490 per week and is due to increase to $580 per week in October 2023.
The attached dual occupancy offers:
- A family area complete with a kitchenette.
- A generously sized bedroom featuring an ensuite.
- A private entrance.
- Air conditioning, ceiling fans and carport.
- Currently tenanted for $330 per week and is due to increase to $360 per week in October 2023.
Inground swimming pool for those hot summer days.
This property is ideal for a large family or an investor.
With all these incredible features, this property is a fantastic opportunity that you simply can't afford to miss. Whether you're looking for a comfortable family home or a property to add to your investment portfolio, this property ticks all the boxes. Don't wait too long; schedule a viewing now.
Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries. Images are for illustrative purposes only
Property History for 13 Lorne Ave, South Penrith, NSW 2750
- 09 Oct 2023Sold for $965,100
- 29 Aug 2023Listed for Sale SOLD BY SANJAI NAGPAL
- 28 May 2021Listed for Rent - Price not available
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About South Penrith 2750
The size of South Penrith is approximately 5.1 square kilometres. It has 25 parks covering nearly 22.1% of total area. The population of South Penrith in 2011 was 11,640 people. By 2016 the population was 11,790 showing a population growth of 1.3% in the area during that time. The predominant age group in South Penrith is 30-39 years. Households in South Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Penrith work in a clerical occupation. In 2011, 77% of the homes in South Penrith were owner-occupied compared with 72% in 2016.
South Penrith has 4,689 properties. Over the last 5 years, Houses in South Penrith have seen a 61.01% increase in median value, while Units have seen a 53.89% increase. As at 31 July 2024:
- The median value for Houses in South Penrith is $920,175 while the median value for Units is $719,254.
- Houses have a median rent of $588 while Units have a median rent of $485.
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