SOLD
Sold on 20 May 2024 for $240,000

17 Warrawee Terrace
Penneshaw SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 769m2
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Property Details for 17 Warrawee Tce, Penneshaw

Building Type
Land
Land Size
769m2
Local Government
Kangaroo Island
Lot/Plan
A4/F100746

Last Listing description (May 2024)

We really love this block!

The views are particularly magnificent, taking in stunning Hog Bay Beach and the township of Penneshaw. You can watch the ferry come and go and hear the waves. At night you'll enjoy the lights of both the township and the ferry reflecting on the water in the bay. Not a view you'll tire of easily that's for sure.

It's a fabulous option for someone looking to build their dream holiday retreat or new home on K.I. (subject to planning consents).

At approximately 769 square metres it's a manageable size with water already connected and power available close by.

Walking distance to the beach - we've included some pics of this too as it truly is a stunning piece of coastline.

This one is sure to be popular! Demand in Penneshaw has skyrocketed in recent years. The township itself has so much to offer with amazing little cafes and interest is most certainly peaking with the new "The Cliffs Kangaroo Island" golf course currently under development and just a 20 minute drive away.

This is a fabulous opportunity to secure an allotment in a highly sought after location.

Please call Sophie 0428 922 515

SPECIFICATIONS:

CT - Vol 5106 Folio 144

Council - Kangaroo Island

Zoning - Neighbourhood

Year Built - N/A

Council Rates approx. $TBC

SA Water Supply $TBC

Emergency Services Levy $TBC

Disclaimer:

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 17 Warrawee Tce, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$240,000
20 May 2024
  • 20 May 2024
    Sold for $240,000
  • 22 Mar 2024
    Listed for Sale $240,000
  • 14 Feb 2022
    Sold for $170,000
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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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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.