FOR SALE
$300,000 - $330,000

39 Clarke Street
Penola SA 5277

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 866m2
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Charming Ruby's Cottage - In the Heart of the Coonawarra Wine Region

Ruby's Cottage B&B, located at 39 Clarke Street, Penola, offers a charming and versatile opportunity in the heart of the Coonawarra Wine Region. This beautifully maintained two-bedroom cottage can be your dream home or a thriving bed and breakfast. Currently operating as a successful B&B, Ruby's Cottage caters to 4 guests and enjoys consistent high occupancy rates, supported by a strong online presence and established booking system.
Alternatively, if you're looking for a peaceful lifestyle change, Ruby's Cottage offers the perfect setting. You can live in your own B&B and enjoy all the comforts of this well-equipped, spacious, and private property, while being close to the picturesque Coonawarra region.
The cottage features two spacious bedrooms, an open-plan lounge, dining, and kitchen area, with a newly refurbished kitchen and modern appliances. The romantic bathroom includes a large spa bath, providing a relaxing retreat. The large, private pergola is perfect for outdoor relaxation, while the one-car garage with power adds convenience. The property sits on a generous 866m² block, offering plenty of space for outdoor activities and relaxation.
Ruby's Cottage is an ideal opportunity for anyone wanting to own a successful B&B or seeking a peaceful, self-contained lifestyle. Whether you're an entrepreneur or someone looking to downsize and escape the hustle and bustle, this property offers the perfect balance of work and relaxation.
Contact Tahlia and the Ray White Mt Gambier team today to learn more about this opportunity in Penola. RLA 291953
Additional Property Information:
Age/ Built: 1970
Land Size: 866m2
Council Rates: Approx. $487.75 per quarter.
Rental Appraisal: A rental appraisal has been conducted for approximately $300 to $330 per week.
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Property Details for 39 Clarke St, Penola

39 Clarke St, Penola is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 866m2. The place is currently for sale with Ray White Mt Gambier.

Building Type
House
Land Size
866m2

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About Penola 5277

The size of Penola is approximately 252.5 square kilometres. It has 14 parks covering nearly 11.5% of total area. The population of Penola in 2011 was 1,706 people. By 2016 the population was 1,571 showing a population decline of 7.9% in the area during that time. The predominant age group in Penola is 60-69 years. Households in Penola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penola work in a labourer occupation. In 2011, 70.7% of the homes in Penola were owner-occupied compared with 67.4% in 2016.

Penola has 1,241 properties. Over the last 5 years, Houses in Penola have seen a 93.11% increase in median value, while Units have seen a 39.67% increase. As at 30 November 2024:

  • The median value for Houses in Penola is $369,647 while the median value for Units is $257,082.
  • Houses have a median rent of $260.
There are currently 7 properties listed for sale, and no properties listed for rent in Penola on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Penola.

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Tahlia Gabrielli
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Leearna Roberts
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Ray White Mt Gambier
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