OFF MARKET

85-87 Bell Street
Penshurst VIC 3289

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 182m2
Land area: 2023m2
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Property Details for 85-87 Bell St, Penshurst

85-87 Bell St, Penshurst is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2023m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
House
Floor Size
182m2
Land Size
2023m2
Local Government
Southern Grampians
Lot/Plan
2/TP614750

Last Listing description (February 2019)

This property is a circa 1865 predominantly bluestone building which was originally the National Australia Bank, with an attached Managers residence. When the bank closed in the late 1990 s it has become a private residence only.
The bluestone home on a large 2000 m2 block feature 14 ceilings, polished Baltic pine as well some hardwood floorboards, 4 generous sized double bedrooms, 3 in the original residence plus an additional bedroom which has been converted from old bank managers office. The old banking area is now a large open plan living space and includes the original bank vault and safe. It has potential for a range of commercial ventures ( STCA). There is a separate north facing sitting/lounge room with an open fire place and marble mantelpiece. The kitchen is fully functional with plenty of storage and bench space, includes a dishwasher electric oven and hotplates, the dining area is adjacent as is the walk in pantry.The main bathroom is located conveniently to the bedrooms, whilst the second bathroom is adjacent to the laundry at the rear of the house .There is a large fully enclosed backyard with establish trees and garden beds and ample lawn. This provides an ideally space for young children and pets. A large drive thru shed with attached workshop and carport provides a secure undercover area to store vehicles and tools.
This property is an integral part of Penshurst history. It is a structural sound building which offers an outstanding opportunity for retail and hospitality pursuits or just a lovely family home. Genuinely for sale due to family reasons.

Property History for 85-87 Bell St, Penshurst, VIC 3289

A timeline of how this property has performed in the market
Last Sold
$235,000
29 Jan 2019
  • 29 Jan 2019
    Sold for $235,000
  • 17 Dec 2018
    Listed for Sale $250,000
  • 24 Nov 2000
    Sold for $90,000
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About Penshurst 3289

The size of Penshurst is approximately 316.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Penshurst in 2011 was 733 people. By 2016 the population was 632 showing a population decline of 13.8% in the area during that time. The predominant age group in Penshurst is 60-69 years. Households in Penshurst are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Penshurst work in a managers occupation. In 2011, 76.4% of the homes in Penshurst were owner-occupied compared with 81.1% in 2016.

Penshurst has 535 properties. Over the last 5 years, Houses in Penshurst have seen a 58.74% increase in median value, while Units have seen a 64.56% increase. As at 31 October 2024:

  • The median value for Houses in Penshurst is $260,437 while the median value for Units is $312,760.
  • Houses have a median rent of $200.
There are currently 2 properties listed for sale, and no properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Penshurst.

Suburb Insights for Penshurst 3289

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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.