Price Guide $2,150,000
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534 Forest Road, Penshurst NSW 2222

House
522
Block size: 658 m² approx.

High Profile Location - Home Plus Income!

"Large Freestanding House on a generous parcel of land - Purposely configured as a Family Home PLUS Home Business, or a potential Duplex site (STCA)"

A Truly Unique Asset! Looking to purchase your next family home or investment OR a bit of both ? ………this one offers the best of both worlds.

For Sale via Expressions of Interest

Property Summary:
5 Bedrooms + Study, 2 Baths, 2 Cars
Price Guide: FOR SALE via EOI

About
534 Forest Road, Penshurst NSW

A versatile 5 Bedroom, 2 Bathroom House with Double Garage on a generous parcel of land, maximising its potential as a family home, and complemented by a 'Home Business' functionality………….close to all amenities.

The front of the building comprises 2 rooms and a powder room (totalling approx. 82sq.m. PLUS a garage), presently approved for commercial use, has been leased to a long-established Clothing and Embroidery business "Zasta Embroidery" since 1994, servicing clients from all levels, including: local shops, academia, and corporate.

The rear of the building comprises 3 bedrooms, 2 bathrooms, a study, a fully equipped kitchen, and laundry. The huge backyard, ideal for entertaining, boasts a sunny North-Easterly aspect and comes with 2 separate garden sheds, perfect for additional storage.
This truly versatile property will appeal to Homeowners, Investors and Builders/Developers.……………!

Some of the property's features include:

• Five bedrooms in total plus a multi-Purpose room.
• Ensuite to Master bedroom. Bathtub and separate shower to the main bathroom.
• Sun-drench living areas, with separate kitchen.
• Engineered Timber Flooring throughout the ground floor living areas.
• Classic kitchen, complete with ample storage and loads of natural sunlight.
• Massive backyard, perfect entertainment space for the family.

Ideal as a Family home or Investment, or both……..the choice is yours !

Facts and Numbers:

Land Area: 658sq.m. approx.
Land Zoning: R2 (Georges River Local Environmental Plan 2021)
Building Frontage: 21m approx.
Intern. Area: 239sq.m. approx.
Garage Area: 46sq.m. approx.
Built Year: Early 1900's

Current Rental:

Front of Building (commercial): $600 per week.
Rear of Building (residential): $800 per week.

Outgoings:

Council: Approximately $401 Per quarter
Water: Approximately $340 Per quarter

Features include: Floorboards,Built in wardrobes,Internal Laundry,Home Business & Sign at the front

Inspections

Saturday, 4 May11:30am - 12:00pm
Saturday, 11 May11:30am - 12:00pm
Saturday, 18 May11:30am - 12:00pm
Saturday, 25 May11:30am - 12:00pm
Can't inspect in person?

Contact Justin Ji to enquire about this property including alternatives to in-person inspections.

Key details

Bedrooms:
5
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
658 *

Other Details

Lot:
2
Plan Type:
DP
Plan:
5097
Legal description:
2/5097
HT Wills Real Estate St George
Next Inspection:

Maps and area information

Block information
Block size: 658 (approx)
Legal description: 2/5097
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 53 houses with 5 bedrooms that just sold near 534 Forest Road Penshurst

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
27 Jul 2019
Sold
$0
Transfer: 27/07/2019
Block size: 658m²
Transfer type: Full transfer

Penshurst suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
12,592
Listing ID: 182415711. This listing has been viewed 3 times. It was first displayed on 02/04/2024 and last updated on 01/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.