96-98 Penshurst Street, Willoughby, NSW 2068 | Property Value & History | OnTheHouse
OFF MARKET

96-98 Penshurst Street
Willoughby NSW 2068

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 310m2
Land area: 468m2
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Property Details for 96-98 Penshurst St, Willoughby

Building Type
Commercial
Floor Size
310m2
Land Size
468m2
Local Government
Willoughby
Lot/Plan
15/4/DP1671

Last Listing description (September 2023)

Shead Property are delighted to announce the sale 96-98 Penshurst Street, Willoughby

Key Selling Attributes;
Freehold Two Storey Retail / Showroom

Double Frontage of 12.19 Metres
5-year Lease to Main Tenant
Parking at rear for 8 cars
Excellent uplift for future development
Part of Willoughby Council's Draft Local Centres Strategy 2036

Should you be considering selling your property or would like some advice on leasing or have any property management queries, please don't hesitate to contact:

Bill Geroulis | 0413 100 200 | bill@shead.com.au
Ivor Zhou | 0430 248 867 | i.zhou@shead.com.au
Rick Sombroek | 0412 280 181 | rick@shead.com.au
Damon Lockhart | 0450 956 373 | damon.lockhart@shead.com.au

Disclaimer: All data is provided for information purposes only and while all care is taken in its presentation, Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information

Property History for 96-98 Penshurst St, Willoughby, NSW 2068

A timeline of how this property has performed in the market
Last Sold
$3,980,000
26 Jun 2023
Listed for Rent
$2.30k/w
28 Mar 2022
  • 26 Jun 2023
    Sold for $3,980,000
  • 12 May 2023
    Listed for Sale Sold By Bill Geroulis & Ivor Zhou
  • 14 Nov 2021
    Listed for Rent $120,000 / year
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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 3,724 properties. Over the last 5 years, Houses in Willoughby have seen a 40.07% increase in median value, while Units have seen a 48.33% increase. As at 31 January 2026:

  • The median value for Houses in Willoughby is $3,519,687 while the median value for Units is $1,261,470.
  • Houses have a median rent of $1,150 while Units have a median rent of $810.
There are currently 33 properties listed for sale, and 13 properties listed for rent in Willoughby on OnTheHouse. According to Cotality's data, 263 properties were sold in the past 12 months in Willoughby.

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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.