OFF MARKET

88 Mary Seymour Lane
Penneshaw SA 5222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1829m2
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Property Details for 88 Mary Seymour Lane, Penneshaw

Building Type
Land
Land Size
1829m2
Local Government
Kangaroo Island
Lot/Plan
A11/D68124

Last Listing description (April 2022)

Now here's an exciting opportunity...

Mary Seymour Lane is known for it's spectacular views over the Penneshaw township and back across to the mainland, afforded by its elevated position, together with its proximity to one of the prettiest and safest beaches on the island.

This allotment is approximately 1829 square metres, with water connected and power close by.

Just imagine what you could build here to take in this exceptional view!

Penneshaw itself is buzzing. For a town of this size, there are a fabulous range of restaurants and cafes to choose from. A brilliantly stocked local IGA supermarket, post office, pharmacy depot and lets not forget the ferry terminal. No long drives ahead of you when disembarking here!

Enquires are welcome to...

Sophie 0428 922 515 or Stuart 0416 399 535

We look forward to meeting you soon.

Note: building is subject to council and planning consents.

SPECIFICATIONS:

Address: 88 Mary Seymour Land, Penneshaw (a.k.a. The Lane)

CT - Vol 5950 Folio 350

Council - Kangaroo Island

Zoning - Rural Living

Council Rates approx. $2,122.80 p.a.

SA Water Supply $68.60 p.qtr.

Emergency Services Levy $74.65

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 88 Mary Seymour Lane, Penneshaw, SA 5222

A timeline of how this property has performed in the market
Last Sold
$225,000
08 Apr 2022
  • 08 Apr 2022
    Sold for $225,000
  • 02 Mar 2022
    Listed for Sale Contact Agent
  • 08 Apr 2008
    Sold for $175,000

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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, 25 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.