1/3 The Strand, Penshurst, NSW 2222 sold on 07 January 2025 | OnTheHouse
 
SOLD
Sold on 07 Jan 2025 for $960,000

1/3 The Strand
Penshurst NSW 2222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 378m2
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Property Details for 1/3 The Strand, Penshurst

1/3 The Strand, Penshurst is a 0 bedroom, 0 bathroom Unit. The property has a land size of 378m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 0 bedroom Unit sold in Penshurst in the last 12 months.

Building Type
Unit
Land Size
378m2
Local Government
Georges River
Lot/Plan
1/SP101657

Last Listing description (February 2025)

M5 Industrial Property Services are proud to present to the market, 1/3 The Strand, Penshurst.

This leased investment is located in an exceptional urban location opposite Penshurst Train Station, and occupies the ground floor of a modern and well presented building. With a substantial floor space and well established tenant, this rare investment opportunity offers:

Floor Area: 97sqm.

Location: Positioned for high visibility, near cafes, restaurants, and shops, and opposite Penshurst train station promoting significant foot traffic.
Current Tenancy: currently leased to a successful cafe operator. Lease expires 2027, providing steady rental income. $52,000 PA GROSS + GST
Parking: Two secured basement parking spaces and ample street parking.
Zoning: E1 Local Centre.
Building Features: Ground-floor in a modern building , Light filled, High exposure position, ample on street parking.

Contact Steven Averty today on 0448 805 901 to arrange your inspection or for further information.

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Property History for 1/3 The Strand, Penshurst, NSW 2222

A timeline of how this property has performed in the market
Last Sold
$960,000
07 Jan 2025
  • 29 Jan 2025
    Listed for Sale Asking $999,000
  • 07 Jan 2025
    Sold for $960,000
  • 22 Aug 2024
    Listed for Sale Asking $999,000
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About Penshurst 2222

The size of Penshurst is approximately 2.5 square kilometres. It has 13 parks covering nearly 9.3% of total area. The population of Penshurst in 2016 was 12786 people. By 2021 the population was 12592 showing a population decline of 1.5% in the area during that time. The predominant age group in Penshurst is 20-29 years. Households in Penshurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penshurst work in a professional occupation.In 2021, 60.60% of the homes in Penshurst were owner-occupied compared with 60.70% in 2016.

Penshurst has 5,927 properties. Over the last 5 years, Houses in Penshurst have seen a 46.55% increase in median value, while Units have seen a 30.36% increase. As at 30 November 2025:

  • The median value for Houses in Penshurst is $1,910,292 while the median value for Units is $733,380.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 7 properties listed for sale, and 17 properties listed for rent in Penshurst on OnTheHouse. According to Cotality's data, 209 properties were sold in the past 12 months in Penshurst.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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