Back 3/16 Nelson St
Off Market

3/16 Nelson St

Penshurst NSW 2222

2
1
1
0 m²
0 m²
Apartment
Richard TsotrasRichard Tsotras, last sold this property on 12 September 2019 after 10 days on market.

Overview

Great Opportunity!

An opportunity exists for an astute purchaser to purchase this original residence. Offering a great investment opportunity or first home, surely this property is a must to inspect. This sun-drenched home is only moments away from popular schools, train station, bus stop and shopping village. The home offers 2 spacious bedrooms plus separate lounge and kitchen areas. This is a great opportunity, make your enquiries prompt as properties like this seldom last long. We Love: -Renovate to your liking -Great location close to everything -Sun-drenched home Pluses: -Single car garage -Entry level property -Great investment or first home Council Rates $257 per quarter Strata Rates $760 per quarter Water Rates $170 per quarter

Features

2 bedrooms
1 bathroom
1 carspace
0 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Penshurst over the last 12 months, the estimated median property value of 3/16 Nelson St is $703k.

Median value
$703k
Estimated value range
$2.5k - $925k
Median days on market
24
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Penshurst. 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 3/16 Nelson St

2023
Rented
Undisclosed
Leased on 30 Jul 2023 by Raine & Horne Bardwell Park/ Kingsgrove/ Earlwood
2021
Rented
Undisclosed
Leased on 14 Oct 2021 by Raine & Horne Bardwell Park/ Kingsgrove/ Earlwood
2019
Sold
Undisclosed
12 Sep 2019 by Richard Tsotras, of LJ Hooker Caringbah

Happy sellers in Penshurst

83%
83% of sellers in Penshurst reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 40 reviews in Penshurst over the last 12 months.

Local market activity for 2 bedroom apartments in Penshurst

In the last 12 months, 52 two-bedroom apartments similar to 3/16 Nelson St, have been sold.

This represents a 25% increase in two-bedroom apartments sales when compared to the previous 12 months.

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