8a/8b Karatta Tce, Penneshaw is a 7 bedroom, 4 bathroom House with 4 parking spaces.
A unique development on offer! Architecturally designed and constructed in 2005/06, these exceptionally well presented properties are community titled, each house with its own title. Both houses are fully insulated with air conditioning to main living areas. All bedrooms have built in robes and ceiling fans. Established driveways, lawns and gardens plus four partly in-ground rainwater tanks. Near 180 degree views overlooking beautiful Hog Bay to the mainland and situated less than one kilometre from the ferry, town centre and beach.House 8A is currently occupied by the owner and has 3 bedrooms, 2 bathrooms, open plan dining, kitchen and living room which opens onto a covered deck. It has a double carport.House 8B is currently rented as holiday house and has 4 bedrooms, 2 bathrooms, sitting room, utility area, open plan kitchen, dining and living room which opens onto a covered deck. It has a single carport. It has maintained a rewarding & lucrative income stream having an independently assessed four-star rating and is an accredited tourism business. A wonderful location, affording a most attractive life-style. Ongoing use options include owner occupation of one property with rental of the other property or, rental of both properties. Rental could be as holiday houses or longer-term occupation. Might suit investor, retired couple or extended family. Walk In Walk Out is offered for current bookings and furniture for house 8B.Inspection will certainly impress! Contact Michael Barrett on 0427 727 333 anytime.
The size of Penneshaw is approximately 5.0 square kilometres. It has 7 parks covering nearly 9.4% of total area. The population of Penneshaw in 2016 was 275 people. By 2021 the population was 269 showing a population decline of 2.2% in the area during that time. The predominant age group in Penneshaw is 60-69 years. Households in Penneshaw are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Penneshaw work in a managers occupation.In 2021, 66.10% of the homes in Penneshaw were owner-occupied compared with 67.30% in 2016.
Penneshaw has 540 properties. Over the last 5 years, Houses in Penneshaw have seen a 91.51% increase in median value, while Units have seen a -12.08% decrease. As at 31 December 2025:
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