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Back 1 Arakoon Ave
Off Market

1 Arakoon Ave

Penrith NSW 2750

5
1
1
0 m²
House
Last sold for $931,000
Sid EliasSid Elias, last sold this property on 01 October 2021 after 26 days on market.

Overview

SOLD BY SID ELIAS AND MAC HONKISZ VIA VIRTUAL AUCTION

SOLD BY SID ELIAS AND MAC HONKISZ FOR A RECORD PRICE OF $931,000 VIA VIRTUAL AUCTION DURING COVID! This excellent property on a corner block consists of a fully renovated house, plus a completely separate council approved 2 bedrooms granny flat all on a 708 sqm block of land with ambient on-sight and street parking. A very attractive investment, with a combined potential rental return of up to $760 per week! The main house consists of: • 5 large bedrooms, 3 with built-ins robes • Renovated kitchen with electric oven & cooktop • Lounge room • Internal laundry/storage • Renovated bathroom and additional toilet • Concreted parking in driveway • Large concreted rear yard • Currently tenanted for $450 per week to a long term tenant The granny flat consists of: • 2 bedrooms both with built-in robes • Modern kitchen with brand new oven • Freshly painted • Spacious living area • Spacious bathroom • Internal laundry • Large size rear yard • Recently tenanted for $310 per week Located close to: - Kingswood Park Village Shopping Center - High schools & public schools - Penrith Station - Bus stops less then 1 min walk For further information, contact Sid or Mac 0410 404 414 / 0416 949 700 or 02 9833 8881. Disclaimer: Disclaimer: We have been furnished with the above information, however, LJ Hooker gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Features

5 bedrooms
1 bathroom
1 carspace
1 open car space
0 m² floor area
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Penrith over the last 12 months, the estimated median property value of 1 Arakoon Ave is $1.28m.

Median value
$1.28m
Estimated value range
$849.5k - $2.99m
Median days on market
40
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Penrith. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Arakoon Ave

2023
Rented
Undisclosed
Leased on 31 Jul 2023 by Peachey Estate Agents
2021
Rented
Undisclosed
Leased on 08 Nov 2021 by Lj Hooker Colyton | St Clair
2021
Sold
$931,000
Private Sale/Treaty on 01 Oct 2021 by Sid Elias, of Lj Hooker Colyton | St Clair

Happy sellers in Penrith

84%
84% of sellers in Penrith reported that their sale price either exceeded or met their price expectations.

Penrith stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 77 reviews in Penrith over the last 12 months.

Local market activity for 5 bedroom houses in Penrith

In the last 12 months, 9 five-bedroom houses similar to 1 Arakoon Ave, have been sold.

This represents a 10% increase in five-bedroom houses sales when compared to the previous 12 months.

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