1/178 Karatta TerracePenneshaw SA 5222
Property Details for 1/178 Karatta Tce, Penneshaw
1/178 Karatta Tce, Penneshaw is a 7 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 1107m2.
Last Listing description (December 2017)
'Seashells' Penneshaw offers 2 beautifully appointed beach side residences that provide a brilliant blend of panoramic ocean vistas coupled with modern architectural design.
This unique opportunity is more than a rare buying opportunity it's a lifestyle experience.
Both homes share the calming interior selections, quite simply the homes are everything you would ever ask of a permanent residence or lavish holiday home.
Expansive glass windows can be retracted so as to keep the relationship with the ocean intimate and serene. Modern open plan living combines functionality and practicality with simple but effective use of space such as benches being accessible from both sides.
These two individually titled homes side by side, give rise to the ability to live in one and rent the other out, or rent both homes and enjoy a lucrative holiday rental income.
Allotment 1, comprises a 3 bedroom, 2 bathroom home and Allotment 2 comprises a 3 bedroom 1 bathroom home. Allotment 2 has the added advantage of a 4th bedroom with en-suite bathroom and can be 'isolated' from the balance of the home, ideal as a parents retreat or private lock away area for the owners personal use.
In total, both homes offer 7 bedrooms and 4 bathrooms.
Perhaps you could purchase with other parties and holiday together each in your own home or maybe one in a self managed superannuation scheme, there are numerous options.
Penneshaw is the gateway to Kangaroo Island and the first township to welcome visitors to the island. These homes are well positioned in a tightly held area of Penneshaw and clearly offer an exceptional living experience.
Inspection will certainly impress! A wonderful time to escape the from the problems of the world and embrace the safe and secure living environment of Kangaroo Island!
Kangaroo Island is the new 'Luxe' location and recently the South Australian State Government has passed legislation to support the Kangaroo Island region by way of appointing a 'Commissioner'. Visit http://kangarooislandcommissioner.sa.gov.au/ to view what impact and projects are on the drawing board for Kangaroo Island.
In short it's a great time to invest!
For more information contact Michael Barrett, Century 21 on Kangaroo Island on 0427 727 333
Property History for 1/178 Karatta Tce, Penneshaw, SA 5222
- 07 Nov 2015Listed for Sale Not Disclosed
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About Penneshaw 5222
The size of Penneshaw is approximately 5 square kilometres. It has 7 parks covering nearly 9.4% of total area. The population of Penneshaw in 2011 was 273 people. By 2016 the population was 286 showing a population growth of 4.8% in the area during that time. The predominant age group in Penneshaw is 60-69 years. Households in Penneshaw are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penneshaw work in a managers occupation. In 2011, 67% of the homes in Penneshaw were owner-occupied compared with 67.3% in 2016.
Penneshaw has 548 properties. Over the last 5 years, Houses in Penneshaw have seen a 78.45% increase in median value, while Units have seen a -12.08% decrease. As at 31 October 2024:
- The median value for Houses in Penneshaw is $503,932 while the median value for Units is $408,699.
- Houses have a median rent of $240.
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