11 Penshurst Street, Penshurst, NSW 2222 | Property Value & History | OnTheHouse
OFF MARKET

11 Penshurst Street
Penshurst NSW 2222

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 345m2
Land area: 266m2
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Property Details for 11 Penshurst St, Penshurst

Building Type
Commercial
Year Built
1995
Floor Size
345m2
Land Size
266m2
Local Government
Georges River
Lot/Plan
B/DP374635

Last Listing description (April 2022)

CPG are pleased to present for sale via public auction "11 Penshurst St, Penshurst" - Ideal for the shrewd investor looking to take full advantage of a strong tenancy and a quality rental income, as well as offering potential for future "Value Add" & "Upside".

Properties like this are rarely offered to the market, particularly within the tightly held Penshurst Street. This property boasts all of the following & so much more:

* Rear lane access and on-site parking at the rear of the of the property.
* Established long term tenancy with a lease in place until 30th June 2025, with a further 5-year option. The tenant is currently paying $46,928.57 P.A. Gross + GST with the tenant paying the water usage and services costs.
* 60 meters from Penshurst Railway Station and close to bus routes connecting you to all parts of Sydney
* Huge Foot Traffic and presence via the busy Penshurst Street
* Potential for future upside: Look to build a 2nd story residential or commercial unit above, or the potential of being amalgamated with a number of adjoining properties to create a "mixed use" development site. (S.T.C.A)
* Central to Sydney - Located just 3.1km to the M5 motorway entrance and exit and just 1.5km to the Hurstville CBD
* Solid brick construction! - They don't build them like this anymore!

Open for Inspection: Wednesday's 11:30am 12:00pm.

Auction: 7th April 2022 6pm at 3/56 Kitchener Parade, Bankstown.

Ben Panayotopoulos
0430 140 683
benp@commercial.net.au

Ryan McMahon
0429 228 460
ryanm@cpgsouth.com.au

Property History for 11 Penshurst St, Penshurst, NSW 2222

A timeline of how this property has performed in the market
Last Sold
$2,000,000
07 Apr 2022
  • 07 Apr 2022
    Sold for $2,000,000
  • 07 Apr 2022
    Sold for $1
  • 01 Mar 2022
    Listed for Sale Auction: 7th April 2022 6pm
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About Penshurst 2222

The size of Penshurst is approximately 2.5 square kilometres. There are 13 parks, covering nearly 9.3% of the 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 5,936 properties. Over the last 5 years, Houses in Penshurst have seen a 7.24% increase in median value, while Units have seen a 18.67% increase. As at 31 July 2026:

  • The median value for Houses in Penshurst is $1,749,175 while the median value for Units is $733,000.
  • Houses have a median rent of $900 while Units have a median rent of $620.
There are currently 14 properties listed for sale, and 18 properties listed for rent in Penshurst on OnTheHouse. According to Cotality's data, 217 properties were sold in the past 12 months in Penshurst.

Suburb Insights for Penshurst 2222

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.