87 Penrose Cres, South Penrith is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 666m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Raine & Horne Penrith in conjunction with the NSW Trustee & Guardian is proud to present this original 3 bedroom older style cottage on approximately 676m2 in highly sought after South Penrith within walking distance to the local shops, schools and public transport.
This is an opportunity not to be missed whether you are an investor, first home buyer or developer being zoned R2 Low Density Residential as not many properties like this come on the market that have so much potential with the size of 676m2. The property is to be offered to the market by way of auction.
Features and benefits include a 3 bedroom cottage with a spacious lounge room, separate dining and kitchen, 3 bedrooms with inbuilt cabinetry, bathroom, high ceilings, air conditioning and enclosed veranda with window shutters. The house is very original and in need of renovations/upgrades but look at the amazing potential. There is a huge undercover enclosed entertaining area with roller shutters, concrete flooring and water tanks plus an oversized single lock-up garage with toilet, sink and inbuilt cabinetry and a spacious back yard fully fenced and secured.
The location is perfect with schooling & amenities nearby as follows:-
Penrith South Public School - 0.3km
Penrith High School - 1km
Southland Shopping Centre - 1.9km
Bus stop - 180m
Nepean Hospital - 1.6km
Penrith CBD - 2.4km
Jamison Park - 2.3km
For further information please contact Lori Howell on 0428 968 742.
Disclaimer: We have obtained all information herein from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchases are advised to carry out their own investigations. Distances are approximate.
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 4,691 properties. Over the last 5 years, Houses in South Penrith have seen a 59.55% increase in median value, while Units have seen a 53.59% increase. As at 31 October 2024:
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