OFF MARKET

551 Shark Point Road
Penna TAS 7171

Bedrooms: 20
Bathrooms: 1
Car spaces: -
Land area: 5872m2
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Last updated 10 Mar 2025
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Property Details for 551 Shark Point Rd, Penna

551 Shark Point Rd, Penna is a 20 bedroom, 1 bathroom House. The property has a land size of 5872m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Land Size
5872m2
Local Government
Sorell
Lot/Plan
1/224844

Last Listing description (March 2017)

551 Sharkpoint Road is nestled against a waterfront reserve with the areas best access to the shore. It is located approximately 20 minute drive from the Hobart CBD, 10 minutes from the Hobart airport and on the junction to Tasmania's fabulous east coast to the left or historic Port Arthur to the right.
Offering up to 20 individual rooms, three huge communal areas, three bathroom facilities with showers and a huge kitchen.
Alternatively there is also an opportunity to subdivide the site (STCA). With the current planning scheme allowing for two magnificent blocks. The interim planning scheme is expected to be signed off within the next 12 months and this may allow for a minimum of three lots available for subdivision.

This is a truly unique property offering with so much future potential.

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Property History for 551 Shark Point Rd, Penna, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$650,000
14 Jan 2017
  • 14 Jan 2017
    Sold for $650,000
  • 10 Oct 2016
    Listed for Sale offers over $600,000
  • 25 Jan 2012
    Listed for Sale $875,000 - $950,000
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About Penna 7171

The size of Penna is approximately 28.7 square kilometres. It has 4 parks covering nearly 2.4% of total area. The population of Penna in 2011 was 406 people. By 2016 the population was 420 showing a population growth of 3.4% in the area during that time. The predominant age group in Penna is 50-59 years. Households in Penna are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penna work in a professional occupation. In 2011, 81.6% of the homes in Penna were owner-occupied compared with 84.3% in 2016.

Penna has 202 properties. Over the last 5 years, Houses in Penna have seen a 62.97% increase in median value. As at 28 February 2025:

  • The median value for Houses in Penna is $839,612 while the median value for Units is $540,480.
There are currently 5 properties listed for sale, and no properties listed for rent in Penna on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Penna.

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