20 Penfold WayMclaren Vale SA 5171
Property Details for 20 Penfold Way, Mclaren Vale
Last Listing description (September 2024)
Another property sold. Please contact Nick or John for all your property advice.
Unique McLaren Vale wine history and heritage
Originally known as the "Willows Winery" and built from local ironstone in 1901 by Cyril Pridmore, (hence the CEP initials on the date stone over the main road door), it later became the only winery that Penfolds have ever owned in McLaren Vale, hence the street names. The legendary Max Schubert, the creator of Grange, worked and tasted in that cellar. His ghost still visits!
Additional property adjoining this one at the front is also available, 151 - 153 Main Road Mclaren Vale, see separate listing for more information.
The ONLY winery in the Main Street of McLaren Vale, (Australia's 2nd most recognised and important wine region) and with a priceless history and heritage.
This amazing piece of history with residential zoning is waiting for you and your Architect to repurpose this building into your Grand Design.
What we love about the property:
- 766sqm parcel of land zoned residential
- 233sqm (approx.) stone cellar/shed awaiting transformation
- Ironstone construction
- Incredible opportunity for warehouse living
- High clearance inside for potential 2 storey dwelling (stcc)
- Located amongst quality homes
- Next to park
- Short walk to shops and cafes through the Piazza della Valle
This original stone storage cellar building was constructed into the hillside as a storage cellar in 1901. It has coursed stonewalls with brick quoins and corrugated iron roof sheeting. It replaced an earlier cellar of wattle slabs from the first winery on this site, 'The Wattles' constructed by Horace Pridmore around 1896. Penfolds Wines bought the winery from Cyril Pridmore in 1910, and expanded the plant and buildings, creating a model one-level winery, which functioned until 1961. In 1965 the winery was sold and re-opened as the centre of operations for a co-operative of district growers. The Southern Vales Co-operative Winery Ltd. then ran their winery until 1993, when it was sold to Tatachilla, who re-opened the winery and cellar door in 1995. (Notes courtesy City of Onkaparinga Built heritage, local heritage item 621).
If you appreciate history, and are looking for a unique opportunity to transform a heritage building into something spectacular enquire today to set up a viewing, you're gonna love it.
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY - MAKE IT HAPPEN?
RLA 275403
Property History for 20 Penfold Way, Mclaren Vale, SA 5171
- 22 Aug 2024Sold for $550,000
- 24 May 2019Listed for Sale $450K
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About Mclaren Vale 5171
The size of Mclaren Vale is approximately 58.5 square kilometres. It has 14 parks covering nearly 5.3% of total area. The population of Mclaren Vale in 2011 was 3,860 people. By 2016 the population was 3,826 showing a population decline of 0.9% in the area during that time. The predominant age group in Mclaren Vale is 60-69 years. Households in Mclaren Vale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mclaren Vale work in a professional occupation. In 2011, 76.7% of the homes in Mclaren Vale were owner-occupied compared with 80.4% in 2016.
Mclaren Vale has 2,335 properties. Over the last 5 years, Houses in Mclaren Vale have seen a 96.01% increase in median value, while Units have seen a 124.75% increase. As at 31 October 2024:
- The median value for Houses in Mclaren Vale is $931,633 while the median value for Units is $554,343.
- Houses have a median rent of $580 while Units have a median rent of $260.
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