OFF MARKET

3 Howard Drive
Penneshaw SA 5222

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
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Property Details for 3 Howard Dr, Penneshaw

3 Howard Dr, Penneshaw is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a floor size of 185m2.

Building Type
House
Year Built
2008
Floor Size
185m2
Local Government
Kangaroo Island

Last Listing description (December 2015)

CONTACT TRAVIS DENHAM OR CRAIG THOMSON FOR VIEWING TIMES. THIS REMARKABLE PROPERTY IS CURRENTLY OPERATED AS A HOLIDAY HOME RENTAL WITH IT ACHIEVING UP TO $450 PER NIGHT DURING BUSY SEASON AND YIELDING APPROX. 9.2% OVER THE PAST YEAR. THIS PROPERTY IS AN IDEAL INVESTMENT FOR A BUYER WILLING TO TAKE OVER THE REIGNS OF AN ESTABLISHED HOLIDAY HOME RENTAL, NAMELY "SHEARWATERS APARTMENT". THE TWO STOREY HOME HAS THE POTENTIAL TO BE SPLIT INTO 2 PRIVATE RESIDENCES IF DESIRED, FOR SEPARATE RENTAL, WITH THE SIMPLE MODIFICATION OF ONE WALL. TO GIVE YOU THE MAXIMUM OPPORTUNITY TO HIT THE GROUND RUNNING IN YOUR NEW BUSINESS VENTURE, THE OWNERS HAVE OFFERED TO ASSIST WITH PROPERTY MANAGEMENT FOR A MONTH POST SETTLEMENT, A LONGER TERM MAY BE NEGOTIATED. FOR THE MORE ASTUTE HOME BUYER THIS 4 BEDROOM, 2.5 BATHROOM, 2 LIVING CONTEMPORARY DESIGNED HOME FEATURES DUAL KITCHEN, BOTH DOWNSTAIRS AND UPSTAIRS, IS LOCATED JUST METRES FROM THE BOAT RAMP AND WITHIN EASY WALKING DISTANCE TO THE PENNESHAW PUB AND AMENITIES. MAKING IT THE IDEAL HOME FOR LARGE FAMILIES, OR THOSE SEEKING THEIR OWN PICTURESQUE KANGAROO ISLAND GETAWAY. THE VIEWS ARE EASY TO TAKE IN WITH THE ELEVATED AND GENEROUS BALCONY, WITH ACCESS DIRECTLY FROM THE UPSTAIRS MASTER. MAIN FEATURES OF THE HOME INCLUDE: - UNIMPEDED OCEAN VIEWS FOREVER! - SPACIOUS ARCHITECTURAL DESIGNED HOME, BUILT IN 2008 - 2 KITCHENS WITH CAESAR STONE BENCH TOPS - DOUBLE GARAGE PARKING OFF SIDE STREET - PANASONIC REVERSE CYCLE AIR CONDITIONERS ON EACH FLOOR NEWLY INSTALLED - GENEROUS BALCONY WITH FULL OCEAN VIEWS THIS PROPERTY IS IMMACULATELY FINISHED AND FURNITURE IS OFFERED AS AN INCLUSION, WHICH MEANS YOUR ONLY A FEW WEEKS AWAY FROM OWNING A SLICE OF PARADISE.FEATURES INCLUDE: AIR CONDITIONING, BUILT-IN WARDROBES, CLOSE TO SHOPS, CLOSE TO TRANSPORT, FORMAL LOUNGE, SECURE PARKING, SEPARATE DINING, TERRACE-BALCONY

Property History for 3 Howard Dr, Penneshaw, SA 5222

A timeline of how this property has performed in the market
  • 01 Dec 2015
    Listed for Sale $479,000-$509,000

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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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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.