Back 3/20 Ocean St
Off Market

3/20 Ocean St

Penshurst NSW 2222

2
1
1
Apartment
Last sold for $490,000

Overview

Blank Canvas Opportunity

Ideal to purchase as an investment (currently achieving $370 per week) or to renovate and move into, this apartment is situated between Mortdale and Penshurst shopping districts and train stations however also has immediate access to different bus stops. Marist Catholic College, Forest Road, and local cafe's and restaurants are all within easy access from this central location. Features include: - Large and open floorplan with garage - Full bathroom with separate laundry - Currently achieving a return of $370 per week - Ideal canvas style property to renovate - Low maintenance complex Unit Size: 82 + 14 Council Rates: $240 approx. p.q. Water Rates: $170 approx. p.q. Strata Levies: $480 approx p.q. Circa: 1966

Features

2 bedrooms
1 bathroom
1 carspace
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 3/20 Ocean St is $690k.

Median value
$690k
Estimated value range
$2.5k - $925k
Median days on market
22
Estimated value trend
6%
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 3/20 Ocean St

2024
Rented
Undisclosed
Leased on 03 Nov 2024 by Gavan Property Group Pty Ltd
2018
Sold
$490,000
Private Sale/Treaty on 29 May 2018

Happy sellers in Penshurst

87%
87% 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 60 reviews in Penshurst over the last 12 months.

Local market activity for 2 bedroom apartments in Penshurst

In the last 12 months, 60 two-bedroom apartments similar to 3/20 Ocean St, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

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