OFF MARKET

70 Frenchmans Terrace
Penneshaw SA 5222

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1012m2
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Last updated 16 Dec 2024
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Property Details for 70 Frenchmans Tce, Penneshaw

70 Frenchmans Tce, Penneshaw is a 1 bedroom, 1 bathroom House. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
House
Land Size
1012m2
Local Government
Kangaroo Island
Lot/Plan
A59/T110201

Last Listing description (June 2017)

A terrific development opportunity exists with this generous in size vacant land parcel on the seafront of picturesque Penneshaw.
North facing, with uninterrupted ocean views, such an offering is rare, with limited remaining land available on the water front of this beautiful coastal town.
The allotment size of approximately 1000m2 with 20 metres of frontage, enables various building designs, with even the simplest design still gauranteed to offer the most stunning ocean views.

Kangaroo Island is fast becoming renowned as a destination on a world scale for it's pristine environment and a safe day to day living lifestyle, now more highly sought after in unsettling times.
For more information on local builders and important local knowledge to assist you with developing this superb parcel contact long time resident local agent Michael Barrett on 0427 727 333.

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Property History for 70 Frenchmans Tce, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$305,000
06 Feb 2016
  • 12 Jun 2016
    Listed for Sale $350,000
  • 06 Feb 2016
    Sold for $305,000

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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 552 properties. Over the last 5 years, Houses in Penneshaw have seen a 98.75% increase in median value, while Units have seen a -12.08% decrease. As at 30 November 2024:

  • The median value for Houses in Penneshaw is $538,608 while the median value for Units is $404,610.
  • Houses have a median rent of $240.
There are currently 4 properties listed for sale, and no properties listed for rent in Penneshaw on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Penneshaw.

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