40 Howard DrivePenneshaw SA 5222
Property Details for 40 Howard Dr, Penneshaw
Last Listing description (August 2023)
A brilliant opportunity has arisen to purchase one of the last remaining 'Township Activity Centre' zoned allotments in Penneshaw, comprising some 924 square metres.
Town Centre Zoning offers a range of options for developers, including but not limited to, cafes, hotels, fitness centres, retail and tourism accommodation. Build your business here and even live onsite perhaps... All subject to council consents of course.
Tourism is booming and from our perspective real estate enquiries have certainly skyrocketed in recent months. Properties are getting snapped up and it's not hard to understand why.
Penneshaw is a picture perfect little town boasting great cafes and restaurants for its size and hosting the Penneshaw Markets on the first Sunday of every month. The beautiful (and safe) swimming beach has the most perfect soft white sand and simply incredible views back to the mainland.
The township of Penneshaw is the gateway to the island and the vast majority of all visitors arrive via ferry driving past what could be your new front door. With the Visitor Information Centre directly across the road and the close proximity to both the Christmas Cove Marina and the township itself, this really is a prime location for a commercial enterprise.
For further information please call Sophie on 0428 922 515.
RLA 288582
Specifications:
Address: 40 Howard Drive Penneshaw
CT 5860/40
Council - Kangaroo Island
Zoning - Township Activity Centre
Council Rates $2,230.75 p.a.
SA Water Supply TBC
SA Water Sewer 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 40 Howard Dr, Penneshaw, SA 5222
- 22 Aug 2023Sold for $170,000
- 23 Aug 2022Listed for Sale Contact Agent
- 09 Aug 2021Sold for $185,000
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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.
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