55 Penrith Avenue, Wheeler Heights, NSW 2097

Guide: $1,650,000

House
Type
4
Bedrooms
3
Bathrooms
4
Parkings
1,069 mΒ²
Area

Last updated on Friday, August 14, 2026 ( See property details for 55 Penrith Avenue, Wheeler Heights, NSW 2097)

Guide: $1,650,000

Chris Gamarra Chris Gamarra Director | Licensed Real Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious family home on a large block in Wheeler Heights offering exceptional renovation potential and outdoor entertaining spaces.

🏑 Property Highlights

  • Generous 1,069 m² block in sought-after Wheeler Heights
  • Potential for renovation, redesign, or value-adding (STCA)
  • Private central courtyard and backyard with in-ground pool
  • Multiple flexible living areas including a rumpus room
  • Four bedrooms plus a dedicated study for versatile living
  • Solid bones with substantial proportions ready for transformation

✨ Key Features

  • Swimming Pool
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Home Office / Study
  • Water tank
  • Garden / courtyard
  • Ensuite
  • Dishwasher
  • Balcony
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55 Penrith Avenue
Wheeler Heights, NSW 2097
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Vertical aerial view β€” 55 Penrith Avenue
55 Penrith Avenue — Vertical Aerial  •  Wheeler Heights, NSW 2097  •  Nearmap © 2026

Wheeler Heights is a highly sought-after suburb renowned for its family-friendly environment, proximity to beautiful beaches, excellent schools, and local amenities. The area offers a peaceful community atmosphere with easy access to outdoor recreational activities, making it ideal for families and lifestyle enthusiasts. Its tightly held nature ensures long-term value, while the convenient location provides a perfect balance of tranquility and accessibility.

What are the renovation possibilities for this property?
The property offers a versatile floorplan with potential for a contemporary renovation, redesign, or addition of value, subject to council approval (STCA).
Is the property suitable for families?
Yes, with four bedrooms, multiple living areas, a study, and outdoor entertaining spaces, it is ideal for family living.
What outdoor features does the property include?
The property features a private central courtyard, backyard with in-ground swimming pool, and an entertaining area with a built-in rock BBQ.
Are there any development restrictions or approvals needed?
Any renovations or redesigns would require council approval (STCA). It is advisable to conduct your own investigations regarding planning and development regulations.
What is the condition of the property?
The home is offered in largely original condition and requires renovation throughout, providing a blank canvas for customization.
Are there any existing easements, covenants, or zoning restrictions affecting the property? What are the potential costs associated with renovation or upgrades? Are there any known issues with the foundation, plumbing, or electrical systems? Is the property located in a flood or bushfire-prone area? Are there any upcoming development plans or construction nearby that could impact the property’s value or lifestyle?

55 Penrith Avenue, Wheeler Heights, NSW 2097 - More Details

Guide: $1,650,000

Positioned on a generous block in a sought-after Wheeler Heights location, this substantial family home presents an exceptional opportunity for renovators, builders and buyers looking to create their dream home. Offered in largely original condition and requiring renovation throughout, the home boasts solid bones, generous proportions and a versatile floorplan with four bedrooms, a study, multiple living areas and a separate lower-level rumpus. Whether you're planning a contemporary renovation, value-adding project or complete redesign (STCA), the possibilities are endless.

A private central courtyard and backyard with an in-ground pool and entertaining area featuring a built-in rock BBQ area provide the ideal foundation for creating an exceptional indoor-outdoor lifestyle. Packed with potential and positioned in a tightly held neighbourhood, this is a rare opportunity to unlock the property's full potential.

+ Four bedrooms plus a dedicated study
+ Generous kitchen with gas cooking and walk-in pantry
+ Multiple living areas offering flexible family spaces
+ Separate lower-level rumpus with versatile use options
+ Private central courtyard providing excellent indoor-outdoor connection
+ Backyard with in-ground swimming pool and entertaining area
+ Tightly held neighbourhood close to beaches, schools and local amenities
+ Exceptional opportunity to renovate, redesign or add value (STCA)

Council Rates: $558 pq approx.
Water Rates: $216 pq approx.

Disclaimer: The information contained in this advertisement has been obtained from third-party sources considered reliable. Laing+Simmons does not make any representation as to its accuracy of the information, accepts no responsibility or liability, and advises all interested parties to conduct their own investigations and obtain independent advice. All photographs, maps, images and virtual styling representations are provided for illustrative and marketing purposes only and may not accurately reflect the property’s current condition, appearance or layout.
Type
House
Bedrooms
4
Bathrooms
3
Parkings
4
Area
1,069 mΒ²
Study
1

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