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Back 26 Penrose Avenue
Off Market

26 Penrose Avenue

Redland Bay QLD 4165

3
1
3
0 sq.
780 m²
House
Last sold for $716,500
Craig BarnesCraig Barnes, last sold this property on 16 March 2024 after 5 days on market.

Overview

FANTASTIC INVESTMENT ON 780m2

THIS HAS TO BE THE BEST BUY IN REDLAND BAY - OFFERING A LARGE BLOCK OF LAND AND SIDE ACCESS TO A HUGE POWERED SHED This home features, an open plan living area with air-conditioner, functional kitchen, 3 good size bedrooms - all with ceiling fans, modern tiles throughout, all sitting on a massive 780m2 level block. Perfect for entertaining, we have an outdoor covered entertaining area and a powered 6 x 7.7m shed, which can be used to store all your toys, 2 cars or have as a man-shed. This property also features a family bathroom with separate toilet, security screens throughout, fully fenced backyard and a single lockup garage. If you're looking to land bank or just add a fantastic property to your investment portfolio, then this could be the one. With a long-term tenant already in place until October, you can sit back and watch your equity grow. This property keeps getting better with its convenient location being so close to popular amenities in Redland Bay and Victoria Point, such as Redland Bay State School, Victoria Point shopping centre, Lakeside restaurants, cinemas, local daycares, parks, Redland Golf club and much more. This home is in the heart of it all. Features: • 780m2 block of land • Block dimensions 20m frontage with 39m length • Long term tenant in place until 29/10/24 • Side access • 3 bedrooms with ceiling fans • Open plan living area with air-conditioner • Covered entertaining area overlooking huge backyard • Fully fenced • Peaceful location, walking distance to park * for the privacy of the tenant's belongings, photos are prior to tenancy All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Features

3 bedrooms
1 bathroom
3 carspaces
3 garage spaces
0 sq. floor area
780 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Redland Bay over the last 12 months, the estimated median property value of 26 Penrose Avenue is $965k.

Median value
$965k
Estimated value range
$707.5k - $1.58m
Median days on market
23
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Redland Bay. 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 26 Penrose Avenue

2024
Rented
Undisclosed
Leased on 07 Nov 2024 by Harcourts Property Centre Birkdale
2024
Sold
$716,500
Private Sale/Treaty on 16 Mar 2024 by Craig Barnes, of LJ Hooker Property Centre
2013
Sold
$357,000
Private Sale/Treaty on 20 Oct 2013 by Kai Evans, of LJ Hooker Property Centre

Happy sellers in Redland Bay

91%
91% of sellers in Redland Bay reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 193 reviews in Redland Bay over the last 12 months.

Local market activity for 3 bedroom houses in Redland Bay

In the last 12 months, 67 three-bedroom houses similar to 26 Penrose Avenue, have been sold.

This represents a 12% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Redland Bay

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Matt Tennant

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Nyree Ewings

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Lauren Rowe

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Cooper Rowe

Cooper Rowe is a recommended agent for Redland Bay.  They have collected 17 local reviews across the last 12 months.

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