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6A King Edward Street, Penguin$950,000

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6A King Edward Street

Penguin, TAS 7316, Australia

$950,000

5 bed 4 bath 5 car950 m²

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About this property

Imagine the possibilities - live, work, play and relax in an ideally located, spacious home. Just a 300m stroll from beautiful Penguin Beach and an array of eateries, cafes, specialty shops, supermarkets...you can't go wrong with this impressive property. With around 289sqm of living space, you get: - 5 bedrooms of varying sizes - 4 upstairs, 1 downstairs - 4 bathrooms - 3 are ensuites - Multiple living areas which can suit all manner of uses - Large open plan kitchen - 2 Laundries (1 internal, 1 in the garage) - Huge, above standard height, double auto garage - Space for another 2-3 vehicles - Energy efficient solar system - Easy care, fenced yard - Amazing Ocean Views from most front windows The sale is for the house and land (residence) only. The current B & B business 'Madsen Retreat' is a separate conversation with the owners, should the prospective buyer wish to purchase/continue the business. This is a sought-after opportunity to establish a wonderful lifestyle in the heart of the Northwest Coast's Jewel in The Crown - Penguin. Register your interest today! Property Code: 135

Property Details

Property Type: house
Listing Type: For Sale
Bedrooms: 5
Bathrooms: 4
Parking: 5
Land Area: 950 m²
Listed: 3 months ago

Repayment calculator

$4,606/month

$2,303 /fortnight

Loan $760,000 at 6.10% over 30 years

Upfront costs

Deposit$190,000

Stamp duty$37,935

Conveyancing (est.)$2,000

Total upfront$229,935

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Penguin

This 5-bedroom house in Penguin, TAS 7316 sits within reach of public transport, local shops and nearby schools. It is listed 37% above the $695,000 median of 52 comparable houseswithin 5 km.

Schools near Penguin

North West Christian Schoolcombined · Prep-12 · CoEd
Penguin District Schoolcombined · K-12 · CoEd

What's nearby

Ironcliffe Rd past King Edward St (bus) — 99 m away
Penguin Lions Op-Shop — 268 m away
Lions Park — 414 m away
Penguin Beach Foreshore Reserve — 525 m away
Hiscutt Park — 530 m away

Penguin at a glance

Full suburb profile

Population: 4,132
Median age: 47
Household income: $1,301/wk
Median rent: $260/wk
Median mortgage: $1,300/mo

Source: ABS Census.

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