58 Mission Hill Rd, Penguin is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1004m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Penguin in the last 12 months.
Set on an approx. 1000m² block with sweeping views across Bass Strait, this property presents an opportunity for the truly dedicated renovator or seasoned DIY enthusiast. While the home is in need of significant work, it was once a much-loved family home and now awaits someone with the skills, vision and determination to breathe new life into it.
Positioned to capture those beautiful coastal views, the generous block size offers plenty of space to work with and the potential to create something truly special.
This is not a project for the faint-hearted - but for the right buyer, it could be an incredibly rewarding undertaking.
Property highlights:
• Approx. 1000m² block
• Views stretching across Bass Strait
• Substantial renovation required
• Ideal for experienced renovators or skilled DIYers
• Plenty of space to reimagine and create
Opportunities like this don't come along often. If you've been waiting for a project where you can roll up your sleeves, strap on the tool belt and let your imagination take the lead, this could be the one.
Come with vision, creativity and a willingness to put in the work - the rewards could be well worth it.
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 2,118 properties. Over the last 5 years, Houses in Penguin have seen a 51.41% increase in median value, while Units have seen a 80.30% increase. As at 30 April 2026:
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