OFF MARKET

15-17 Christmas Street
Penneshaw SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 611m2
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Property Details for 15-17 Christmas St, Penneshaw

15-17 Christmas St, Penneshaw is a 0 bedroom, 0 bathroom House. The property has a land size of 611m2. While the property is not currently for sale or for rent, it was last transferred in January 2023.

Building Type
House
Land Size
611m2
Local Government
Kangaroo Island
Lot/Plan
A43/D130955

Last Listing description (October 2024)

Waterfront opportunities such as this one in Penneshaw are most definitely few are far between.

This allotment represents an outstanding opportunity for someone to capitalise on the Township Activity Centre Zoning and develop the site, with a range of commercial development pathways available to pursue such as retail, shops, offices and tourist accommodation. For those seeking the ideal work/life balance on the island this site could be perfect for you....think life (with gorgeous views) upstairs and getting down to business downstairs! Please note, all development is subject to planning consents. Please reach out if you would like a pdf copy of the planning policy particular to this site.

The location is superb - adjacent to the Christmas Cove Marina and the brand new 'Cove Landing' luxury accommodation development - a prime example of what can be achieved here.

It's walking distance to the Penneshaw township including a fabulous selection of cafes and dining establishments. Stunning Hog Bay Beach is just a 1-2 minute drive away. Penneshaw has experienced a huge growth in popularity in recent times due to its quaint village atmosphere and picturesque locale. Being so close to the Sealink Ferry terminal is a massive advantage. It really has become a sought after destination in its own right.

The allotment itself is cleared, approximately 611 square metres with a frontage of nearly 34 metres to Christmas Street. Your view can't be built out.

Water is connected and the Community Waste Management System is available to connect to. Power is close by (not yet connected).

Beach pictured is Hog Bay Beach a 1-2 minute drive away drive.

SPECIFICATIONS:
CT - 6280/159 Lot 43
Zoning - Township Activity Centre
Council Rates approx. $2436.03 P.A
SA Water Supply $78.60 P.Q.

Disclaimer:
Please note accessing and inspection of this property is at your own risk. S&S Property and Projects accepts no responsibility for any loss, accident or injury or other liability incurred during the course of inspecting this property and its surrounding tracks and coastline.
All marked boundaries on photographs are indicative only.
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 property's land size, building size floor plans, building age and condition). All interested parties should seek and obtain their own advice.

Property History for 15-17 Christmas St, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Transferred
27 Jan 2023
  • 20 Aug 2024
    Listed for Sale $395,000
  • 27 Jan 2023
    Transferred

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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.
There are currently 3 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Penneshaw.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.