44 Penshurst StreetWilloughby NSW 2068
Property Details for 44 Penshurst St, Willoughby
44 Penshurst St, Willoughby is a 0 bedroom, 0 bathroom House. The property has a land size of 562m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (January 2021)
CI Australia is delighted to offer 44 Penshurst Street, Willoughby for sale by way of Expressions of Interest closing 4:00pm Wednesday 25th November 2020.
44 Penshurst Street comprises a vacant two level commercial freehold building with a flexible zoning allowing for a multitude of uses including office, medical, shop top housing, childcare, restaurant or caf among others (STCA). The site is rectangular with a large site area of 556sqm.
The building under-utilises the land parcel and has an NLA of 320sqm (approx.). There is car parking on title for four cars with an abundance of additional parking close by.
This prominent freehold building has excellent redevelopment possibilities in addition to its inclusion in the Draft Willoughby Local Centres Strategy to 2036 which proposes a dramatic uplift in its town planning controls.
Key Features Include:
Freehold building with huge potential
320sqm of NLA + 4 cars
Large 556sqm site area
Potential to build 834sqm of GFA under current control
Set to benefit from an increase in height limit to 6 storeys
Flexible zoning to suit a variety of uses
16m frontage to Penshurst Street
Adjoins a council car park
44 Penshurst Street is suitable to investors, owner occupiers and developers.
For more information or to arrange an inspection please contact Nick Lowry from CI Australia on 0408 891 376.
Property History for 44 Penshurst St, Willoughby, NSW 2068
- 30 Nov 2020Sold for $3,750,000
- 26 Oct 2020Listed for Sale Contact Agent
- 06 Apr 2018Listed for Sale Price Upon Application
Recent sales nearby
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About Willoughby 2068
The size of Willoughby is approximately 1.6 square kilometres. It has 11 parks covering nearly 5.8% of total area. The population of Willoughby in 2016 was 6540 people. By 2021 the population was 7124 showing a population growth of 8.9% in the area during that time. The predominant age group in Willoughby is 40-49 years. Households in Willoughby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Willoughby work in a professional occupation.In 2021, 67.50% of the homes in Willoughby were owner-occupied compared with 70.10% in 2016.
Willoughby has 3,715 properties. Over the last 5 years, Houses in Willoughby have seen a 42.74% increase in median value, while Units have seen a 45.14% increase. As at 30 November 2025:
- The median value for Houses in Willoughby is $3,546,185 while the median value for Units is $1,233,243.
- Houses have a median rent of $1,125 while Units have a median rent of $823.
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