On The Money

Markets News Penrith

Thornton based property agents, Morton have sold a property for a record price – the highest for a residential property in Penrith City and the surrounding region.

Ian Ahearn, Sales Executive for Morton said the five-bedroom waterfront home at 7 Nepean Ave is located in one of the best streets in Penrith. The home on 965m2 of land has direct access to the water’s edge of the Nepean River.

“The property was unique as it has water frontage; and there is a limited amount of properties in Penrith City in this location,” Mr Ahearn said.

“It was a stunningly designed residence with a superior combination of style and quality, offering wonderful open plan living areas.

The property was sold to a local family.

“Morton’s takes a strategic approach to selling property, no matter the price range or whether it is an apartment or on a block of land, “said Ian, “And that is what makes Morton different to other agents.”

Congratulations to Morton Penrith.

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