1 South TerracePenneshaw SA 5222
Property Details for 1 South Tce, Penneshaw
Last Listing description (August 2022)
What a fabulous opportunity to secure an outstanding allotment of approximately 993 square metres, in a very tightly held location adjacent the island's magnificent Hog Bay Beach.
Location is absolutely key here, being such a very short stroll to the pristine white sands of this popular and safe local swimming beach. Perfect for those who enjoy a morning stroll before breakfast or to wind down at the end of the day.
Developers and investors take note - being a large corner allotment there may also be development potential for a one into two subdivision at this location - subject to planning consents.
This superb allotment is almost entirely clear with a gentle slope towards the ocean. Services such as power and water are immediately adjacent (not yet connected).
It's a beautiful blank canvas ready for your dream residence or holiday retreat. So much space for your dream home and a shed to house your boat ready to launch just 2 mins away at the Christmas Cove Marina. Imagine siting your home to capture views of both Hog Bay Beach to the north west and the mainland to the north east. Just stunning!
Penneshaw is such a pretty little coastal township with great cafes and restaurants to enjoy and property here is in huge demand. Such a fabulous position, this one is sure to be popular!
Please call Sophie 0428 922 515 or Stuart 0416 399 535 for further information or to request an offer form today!
SPECIFICATIONS:
Address: Allotment 86/1 South Terrace, Penneshaw
CT - Vol 5280 Folio 259
Council - Kangaroo Island
Zoning - Neighbourhood
Year Built - N/A
Council Rates approx. $1428.05 p.a.
SA Water Supply $68.60 p.q.
Emergency Services Levy $61.95 p.a.
Disclaimer:
All developments approvals are subject to council/planning consents.
Whilst all information has been obtained from sources we believe to be accurate, it cannot be relied upon and we accept no liability for any errors or omissions (including but not limited to a propertys land size, building size floor plans, building age and condition). All interested parties should seek and obtain independent advice. Should this property be scheduled for auction, the Vendors statement may be inspected at our office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes prior to schedule start time.
Property History for 1 South Tce, Penneshaw, SA 5222
- 08 Aug 2022Sold for $355,000
- 07 Apr 2022Listed for Sale CONTACT AGENT
- 03 Apr 2018Listed for Rent $160 / week
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0About 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.
Suburb Insights for Penneshaw 5222
Market Insights
Penneshaw Trends for Houses
N/A
N/A
View TrendN/A
N/A
Penneshaw Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
