16b Commonwealth Ct, Penguin is a 0 bedroom, 0 bathroom House. The property has a land size of 855m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
If you've been dreaming of building your own coastal escape, this block is where it starts. Tucked away at the end of a quiet cul-de-sac, 16B Commonwealth Court offers 855 square metres of level land ready for you to build something special.
This is one of those rare blocks where you get the best of both worlds: peace and privacy, yet only a few minutes from Penguin's main street, cafes, and that stunning stretch of beach. The neighbourhood is already well established with quality homes, which means your investment is safe and your future home will fit right in.
For first-home buyers wanting to build new, this is a golden opportunity. For anyone ready to slow things down and design a coastal life from the ground up, it's an easy choice. You're close to schools, shops, and the foreshore walking tracks, so every box is ticked.
With services available in the street, it's ready for your builder to take over and bring your vision to life. Whether it's a modern coastal retreat or a low-maintenance downsizer, this block gives you the freedom to create your own story.
Blocks like this don't come up often in Penguin, and when they do, they don't hang around.
For more information or to book a private inspection please call the listing agent Kurt Knowles today!
Disclaimer:
While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
The size of Penguin is approximately 45.4 square kilometres. It has 14 parks covering nearly 23.2% of total area. The population of Penguin in 2016 was 3849 people. By 2021 the population was 4132 showing a population growth of 7.4% in the area during that time. The predominant age group in Penguin is 50-59 years. Households in Penguin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penguin work in a professional occupation.In 2021, 75.00% of the homes in Penguin were owner-occupied compared with 75.00% in 2016.
Penguin has 2,115 properties. Over the last 5 years, Houses in Penguin have seen a 72.58% increase in median value, while Units have seen a 51.32% increase. As at 30 November 2025:
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