14/192 Penshurst Street, Penshurst NSW 2222

Over 55s villa | Greglea Village | No exit fees | Flood overlay present This property offers a rare combination of secure over-55s community living and strong capital positioning, with no exit fees being a significant structural advantage for long-term holding. The renovated interior, secure parking, and heated pool make it competitively positioned against older stock in the village, while the 24-hour emergency call system adds genuine safety value for older buyers. It serves best as a downsizer’s primary residence or a low-maintenance hold for investors targeting the over-55s rental market. The flood overlay is the primary risk, requiring a professional inspection and potentially higher insurance costs, which may narrow the buyer pool on resale. However, the property’s location within a well-established community with high transport and health scores offsets this exposure. The absence of exit fees and the low-maintenance configuration give the buyer a clear path to hold long-term, either as a personal home or as a steady rental income property with minimal management overhead.