Welcome to 24 Penquite Road in the heart of Newstead. This large immaculate home abounds with character, space and sunlight and features an extremely functional and versatile floorplan, particularly for a growing family or perhaps someone looking for a home with a value-added income.
The rear section of the property has the ability to be shut off to create a fully self-contained one- bedroom apartment and with Airbnb continuing to boom this does offer very real income prospects.
The home proper features all the beauty of the 1930′s era, Tas Oak skirting and architraves, ceiling roses, picture rails, 3 working fire places, decorative leadlight features and ornate bay windows.
Two formal connecting living rooms are perfect for entertaining but the beating heart of this lovely home is surely the huge informal sunny kitchen-family room with direct access to the fabulous North facing deck. From here you can enjoy beautiful afternoon sunshine surrounded by a private leafy garden featuring numerous established trees and shrubs.
Vehicle access and off-street parking for a minimum of 4 cars in the rear garden of the house with the potential to erect a double garage or extensive children’s play area.
This stretch of Penquite Road features not only the Newstead Shopping Hub but interestingly a growing number of Medical and Allied Heath practices, and for this reason we feel this property and it’s layout offers real opportunities for a similar purpose.

Property features
andbull; Strong Airbnb/overnight accommodation potential
andbull; 1612m2 block
andbull; Stunning entry foyer and five bedrooms including two attic bedrooms
andbull; Ideal for extended families with optional living spaces and multiple bathrooms
andbull; Huge choice of Primary and Secondary Schools, many within walking distance
andbull; Right on a bus stop
andbull; Walk to shops and facilities